Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nano X Imaging Ltd’s current trading price is -53.10% away from its 52-week high, while its distance from the 52-week low is 117.63%. The stock’s price range over this period has fluctuated between $4.89 and $22.69. The company, operating within the financial sector, had a trading volume of approximately 1.98 million for the day, which was noticeably lower than the average daily share volume of 3.88 million over the last 3 months.
In terms of market performance, Nano X Imaging Ltd had a fairly even. The highest value for the stock in the past year was $22.69 on 06/05/23, and the lowest value was recorded at $4.89 on 10/30/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nano X Imaging Ltd (NNOX) has experienced a quarterly rise of 64.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 609.68M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.50, with a change in price of +4.68. Similarly, Nano X Imaging Ltd recorded 2,725,379 in trading volume during the last 100 days, posting a change of +78.52%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NNOX stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.02.
NNOX Stock Stochastic Average
Today, Nano X Imaging Ltd’s raw stochastic average for the past 50 days stands at 59.65%, indicating a rise from the raw stochastic average of the last 20 days, which was 48.35%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 37.57% and 30.98% respectively.
NNOX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 67.06%. However, over the last six months, the performance has been weaker by 57.89%. The price of NNOX decreased -2.37% over the last 30 days. And in the last five days, it has surged by 16.31%.
