The market performance of Nano X Imaging Ltd’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $14.28 on 02/16/24, while the lowest value for the same duration was $5.26 on 02/06/24.
52-week price history of NNOX Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Nano X Imaging Ltd’s current trading price is -45.69% away from its 52-week high, while its distance from the 52-week low is 47.43%. The stock’s price range during the 52-week period has remained between $5.26 and $14.28. In the Healthcare sector, the company’s shares saw a trading volume of around 1.2 million for the day, which was evidently lower than the average daily volume of 3.38 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Nano X Imaging Ltd (NNOX) has experienced a quarterly rise of 29.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 453.67M and boasts a workforce of 164 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.75, with a change in price of +1.87. Similarly, Nano X Imaging Ltd recorded 2,334,282 in trading volume during the last 100 days, posting a change of +31.69%.
Examining NNOX’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NNOX stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.02.
NNOX Stock Stochastic Average
Nano X Imaging Ltd’s raw stochastic average for the past 50 days is presently 43.63%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 15.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.13% and 13.60%, respectively.
NNOX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 7.71%. However, over the past six months, we’ve seen a stronger performance of -10.03%. The price of NNOX fallen by 3.12% over the last 30 days. And in the last five days, it has fallen by -5.89%.
