Stock That Is Worth Exploring Now: Nano Dimension Ltd ADR (NASDAQ: NNDM)

Nano Dimension Ltd ADR (NASDAQ:NNDM) does about 1.06M shares in volume on a normal day but saw 937114 shares change hands in the recent trading day. The company now has a market cap of 499.87M USD. Its current market price is $2.28, marking a decrease of -0.44% compared to the previous close of $2.29. The 52 week high reached by this stock is $3.01 whilst the lowest price level in 52 weeks is $2.04.

Nano Dimension Ltd ADR (NNDM) has a 20-day trading average at $2.34 and the current price is -24.25% off the 52-week high compared with 11.76% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.23 and its 200-day simple moving average is $2.44. If we look at the stock’s price movements over the week, volatility stands at 2.06%, which increases to 3.76% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 47.85 to suggest the stock is neutral.

The consensus objective for the share price is $10.00, suggesting that the stock has a potential upside of 77.2% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 21, 2016 when Maxim Group reiterated the stock to “Buy” and issued a price target of between $12 and $8.

The current price level is -2.48%, 2.42%, and -6.51% away from its SMA20, SMA50, and SMA200 respectively, with the NNDM price moving below the 50-day SMA on current market day. Nano Dimension Ltd ADR (NNDM) stock is down -4.20% over the week and 5.56% over the past month. Its price is -5.00% year-to-date and -14.61% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 77.2 percent from here.

The company has a return on investment of -16.68% and return on equity of -14.51%. The beta has a value of 1.64. Price to book ratio is 0.57 and price to sales ratio is 9.06.