Nano Dimension Stock Went Down By Over 13% At Session Start Today

(VIANEWS) – Shares of Nano Dimension (NASDAQ: NNDM) dropped by a staggering 13.22% to $2.69 at 10:16 EST on Friday, following the last session’s upward trend. NASDAQ is falling 2.05% to $11,338.35, following the last session’s downward trend. This seems, at the moment, an all-around down trend exchanging session today.

Nano Dimension’s last close was $3.10, 22.11% below its 52-week high of $3.98.

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 -22.01%.

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).

More news about Nano Dimension (NNDM).

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