Analyzing Ratios: Nano X Imaging Ltd (NNOX)’s Financial Story Unveiled

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The price of Nano X Imaging Ltd (NASDAQ: NNOX) closed at $4.39 in the last session, down -2.66% from day before closing price of $4.51. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 1.17 million shares were traded. NNOX stock price reached its highest trading level at $4.495 during the session, while it also had its lowest trading level at $4.215.

Ratios:

We take a closer look at NNOX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.52 and its Current Ratio is at 5.63. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, D. Boral Capital on January 06, 2025, initiated with a Buy rating and assigned the stock a target price of $23.

On September 08, 2023, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $14.50.

On January 05, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $21.Cantor Fitzgerald initiated its Overweight rating on January 05, 2023, with a $21 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NNOX now has a Market Capitalization of 279915168 and an Enterprise Value of 214792800. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.77 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 19.037 whereas that against EBITDA is -4.772.

Stock Price History:

The Beta on a monthly basis for NNOX is 2.04, which has changed by -0.54788876 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, NNOX has reached a high of $11.00, while it has fallen to a 52-week low of $3.75. The 50-Day Moving Average of the stock is -26.84%, while the 200-Day Moving Average is calculated to be -34.60%.

Shares Statistics:

According to the various share statistics, NNOX traded on average about 2.28M shares per day over the past 3-months and 1806590 shares per day over the past 10 days. A total of 63.76M shares are outstanding, with a floating share count of 53.08M. Insiders hold about 9.27% of the company’s shares, while institutions hold 23.46% stake in the company. Shares short for NNOX as of 1741910400 were 7773606 with a Short Ratio of 3.43, compared to 1739491200 on 7889168. Therefore, it implies a Short% of Shares Outstanding of 7773606 and a Short% of Float of 12.72.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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