For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Nano X Imaging Ltd’s stock clocked out at $6.30, down -1.56% from its previous closing price of $6.40. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 2.27 million shares were traded.
Ratios:
To gain a deeper understanding of NNOX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.56 and its Current Ratio is at 4.64. In the meantime, Its Debt-to-Equity ratio is 0.05 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 34.51 while its Price-to-Book (P/B) ratio in mrq is 2.25.
Stock Price History:
Over the past 52 weeks, NNOX has reached a high of $12.65, while it has fallen to a 52-week low of $5.27. The 50-Day Moving Average of the stock is -17.18%, while the 200-Day Moving Average is calculated to be -12.93%.
Shares Statistics:
A total of 58.52M shares are outstanding, with a floating share count of 53.08M. Insiders hold about 9.27% of the company’s shares, while institutions hold 23.47% stake in the company.