For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Nano X Imaging Ltd’s stock clocked out at $6.12, up 1.16% from its previous closing price of $6.05. In other words, the price has increased by $1.16 from its previous closing price. On the day, 1.08 million shares were traded. NNOX stock price reached its highest trading level at $6.219 during the session, while it also had its lowest trading level at $6.04.
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:
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 358154016 and an Enterprise Value of 309252224. For the stock, the TTM Price-to-Sale (P/S) ratio is 33.52 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 28.956 whereas that against EBITDA is -7.657.
Stock Price History:
The Beta on a monthly basis for NNOX is 1.95, which has changed by -0.33114755 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, NNOX has reached a high of $11.39, while it has fallen to a 52-week low of $5.19. The 50-Day Moving Average of the stock is -10.46%, while the 200-Day Moving Average is calculated to be -11.12%.
Shares Statistics:
It appears that NNOX traded 2.89M shares on average per day over the past three months and 1307810 shares per day over the past ten days. 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. Shares short for NNOX as of 1740700800 were 7625790 with a Short Ratio of 2.64, compared to 1738281600 on 6853265. Therefore, it implies a Short% of Shares Outstanding of 7625790 and a Short% of Float of 13.65.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
