Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Nano X Imaging Ltd (NASDAQ: NNOX) was $4.74 for the day, up 2.82% from the previous closing price of $4.61. In other words, the price has increased by $2.82 from its previous closing price. On the day, 0.66 million shares were traded. NNOX stock price reached its highest trading level at $4.7875 during the session, while it also had its lowest trading level at $4.555.
Ratios:
Our analysis of NNOX’s different ratios will help us gain a deeper understanding of the company. 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 302231872 and an Enterprise Value of 236471888. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.79 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 20.958 whereas that against EBITDA is -5.263.
Stock Price History:
The Beta on a monthly basis for NNOX is 2.02, which has changed by -0.48867315 over the last 52 weeks, in comparison to a change of 0.07019031 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 -19.53%, while the 200-Day Moving Average is calculated to be -29.19%.
Shares Statistics:
NNOX traded an average of 2.23M shares per day over the past three months and 1421550 shares per day over the past ten days. A total of 63.76M shares are outstanding, with a floating share count of 57.85M. Insiders hold about 9.27% of the company’s shares, while institutions hold 21.51% stake in the company. Shares short for NNOX as of 1743379200 were 7826613 with a Short Ratio of 3.51, compared to 1740700800 on 7625790. Therefore, it implies a Short% of Shares Outstanding of 7826613 and a Short% of Float of 12.810000999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
