Nano Dimension Stock Over 17% Up In The Last 5 Sessions

(VIANEWS) – Shares of Nano Dimension (NASDAQ: NNDM) jumped by a staggering 17.19% in 5 sessions from $2.55 at 17.19, to $2.99 at 11:44 EST on Thursday, after five sequential sessions in a row of gains. NASDAQ is falling 0.66% to $11,991.44, after three successive sessions in a row of gains.

Nano Dimension’s last close was $2.95, 26.8% under its 52-week high of $4.03.

About Nano Dimension

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company's flagship product is DragonFly IV system that serves cross-industry High-Performance-Electronic-Devices' fabrication needs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components. It also provides nanotechnology based conductive and dielectric inks; and FLIGHT software platform that enables the 3D design of electrical and mechanical features. The company markets and sells products and services to companies that develop products with electronic components, including companies in the defense, automotive, consumer electronics, semiconductor, aerospace, and medical industries, as well as research institutes. Nano Dimension Ltd. was founded in 2012 and is headquartered in Ness Ziona, Israel.

Earnings Per Share

As for profitability, Nano Dimension has a trailing twelve months EPS of $-1.129.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -17.98%.

Volume

Today’s last reported volume for Nano Dimension is 1685490 which is 43.99% below its average volume of 3002840.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nano Dimension’s stock is considered to be oversold (<=20).

Moving Average

Nano Dimension’s value is way higher than its 50-day moving average of $2.48 and above its 200-day moving average of $2.76.

More news about Nano Dimension (NNDM).

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