Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Nano X Imaging Ltd’s stock clocked out at $9.41, down -5.57% from its previous closing price of $9.97. In other words, the price has decreased by -$5.57 from its previous closing price. On the day, 4.9 million shares were traded. NNOX stock price reached its highest trading level at $10.65 during the session, while it also had its lowest trading level at $9.25.
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 550983680 and an Enterprise Value of 288400064. For the stock, the TTM Price-to-Sale (P/S) ratio is 51.57 while its Price-to-Book (P/B) ratio in mrq is 3.36. Its current Enterprise Value per Revenue stands at 28.476 whereas that against EBITDA is -6.293.
Stock Price History:
Over the past 52 weeks, NNOX has reached a high of $14.28, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is 38.78%, while the 200-Day Moving Average is calculated to be 24.72%.
Shares Statistics:
It appears that NNOX traded 2.70M shares on average per day over the past three months and 4701520 shares per day over the past ten days. A total of 58.52M shares are outstanding, with a floating share count of 53.02M. Insiders hold about 9.37% of the company’s shares, while institutions hold 18.27% stake in the company. Shares short for NNOX as of 1730332800 were 7248824 with a Short Ratio of 2.84, compared to 1727654400 on 7260279. Therefore, it implies a Short% of Shares Outstanding of 7248824 and a Short% of Float of 12.979999000000001.
