The NNDM stock share price has been gaining over the past few days, but that’s not enough to justify a buy. The company’s stock has fallen by more than 30% over the last five days, with a price of $7.49 per share. The market cap of NNDM is $1.9 billion. Nano Dimension has a market-cap of $1.9 billion, and a beta of 2.29, which means it is overvalued. The company also has a poor profitability record, with an ROE of -4.60%, and a return on equity of -4.80%. Moreover, Nano Dimension stock is currently the lowest-rated stock in the Technology 3D Printing industry, with a market cap of $0.9 per share.
Nano Dimension is Down
Nano Dimension is down -$0.07 on Wednesday, falling -1.84 percent to $3.73. Its average daily volume was 6,927,080 shares during the past five days. It has reached four new highs and added $0.22 in value over that period. Compared to this, its average volume has been 6.7 million shares in the past 20 days and 6,786,752 shares in the past 50 days.
NNDM Shares
Analysts use price targets to forecast the price of a stock. These estimates are based on research and opinions. These projections should be used as a guide to make investment decisions. Besides, they can be very helpful in predicting the market’s movements. By following this information, you can determine whether the Nano Dimension stock price is likely to increase or decrease in the coming months. You may even be able to profit by buying or selling NNDM shares in the near future.
What Kind of Stock Is NNDM?
The question of “What kind of stock is NNDM?” is a common one among investors. Nano Dimension is a computer hardware company based in Israel that develops and markets additive electronics. The company’s flagship product, molded connected devices, is one example of their work. Other products offered by the company include a variety of nanotechnology inks and software, which help manufacturers create their products.
Depends On Your Goals.
The answer depends on your goals. The stock is a growth stock. As such, it has been outperforming the market in recent years. However, it has underperformed its peer group of the stock market ETF (SPY) in the past 3 months and the last two weeks. If you are looking for a dividend-paying stock, it might be worth considering. Although NNDM’s dividend is not yet fully covered by its earnings, it is expected to grow.
Profitable Business
While NNDM has been growing strongly, the stock has not become profitable and has been facing significant market headwinds. Currently, the stock is too speculative to recommend. Nevertheless, it has cool technology and has a promising future in the 3D printing sector. While Nano Dimension stock is not supported at its current price, investors should consider its potential to parlay cash into a profitable business.
Who Owns NNDM Stock?
NNDM is a data network, a 3D printing company that has recently implemented AI software. Its goal is to automate file exchange between a client and server. The company recently changed ownership to Sterling Commerce. The stock has recently lost altitude, but looks ready to resume growth in 2021. The following are the top investors: Capital Fund Management, Sculptor Capital LP, Morgan Stanley, and Goldman Sachs Group Inc.
American Depository Receipts
NNDM was listed on the Nasdaq in March 2016, and has tripled since. As of early February, NNDM stock was trading at around $2. As of the end of April, it has grown to $8, and its market cap is over $2 billion. The company owns 209 million common shares, but adjusted for a 1:50 reverse split. Its shares are traded as American Depository Receipts, which represent shares of the common stock.
Nano Dimension
Nano Dimension posted millions in revenue in its third quarter of 2021, an increase of 107% over the same quarter the previous year. NNDM shares are trading at about $10, which is a more than two-billion-dollar market cap, but the company hasn’t made much money in the past year. However, Wood is still cautious, and the stock price has the potential to increase. While Nano Dimension is still expensive, the potential for further gains is significant.
Is NNDM Stock a Good Stock to Buy?
If you’re thinking of buying Nano Dimension stock, it’s probably best to start your research with an alternative stock or fund.In addition to its products, Nano Dimension has a strong growth profile. The company is unprofitable and is facing substantial headwinds in the market. In our view, the stock is too speculative to recommend buying at the current price. The company is based in Florida, and its main focus is on research and development of 3D-printed technologies. If you’re thinking of buying NNDM, you should first open a brokerage account and fund it with the appropriate amount of money.
Investment Goals
As the company is still developing its technology, its stock is expensive. However, investors can take advantage of the low valuation by placing a limit order with a licensed broker. By placing a limit order, you can condition the price to drop if the company’s revenue or earnings call reaches certain milestones. A limit order should be balanced against the performance of the competitors to make sure it’s aligned with your investment goals.
Nano Dimension Ltd – Company Profile and News
Nano Dimension Ltd is a leader in additive manufacturing, providing intelligent machines and inks for printed electronics. Its technology is helping customers create more complex electronics with less waste. The company’s products are used in the defense and space exploration industries, and it expects its sales to grow rapidly. CEO Amit Dror recently purchased more shares of Nano Dimension stock, indicating that it is a great buy.
CEO Amit Dror
The company has $1.4 billion in cash on hand and is targeting the growing market for 3D manufacturing and IoT products. The market value looks more like $6 if you look at its parts rather than its current price, but the company’s growth trajectory makes the potential for higher returns a real possibility. The company has underperformed both the US Tech industry and the market, but has a stable share price and low volatility compared to other US stocks.
US Tech Industry
While Nano Dimension has $1.4 billion in cash on hand, its share price remains low in comparison to its revenue. The company is looking to deliver products with a high ROI in the 3D manufacturing market. As such, a fair valuation for the stock looks closer to $6 than $7. A fair value would suggest 30% upside. The share price of Nano Dimension has underperformed the US Tech industry and the US Market. However, it is a relatively stable stock and has a lower volatility than most other US stocks.
