Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Nano X Imaging Ltd’s current trading price is -52.50% away from its 52-week high, while its distance from the 52-week low is 39.33%. The stock’s price range during this period has varied between $3.75 and $11.00. The company, active in the Healthcare sector, saw a trading volume of around 0.93 million for the day, considerably lower average daily volume of 0.98 million observed over the last three months.
Currently, the stock price of Nano X Imaging Ltd (NNOX) is $5.22. In the most recent trading session, the stock underwent a significant upswing, peaking at $10.0 after opening at $5.24. The stock touched a low of $7.0 before closing at $5.07.
Nano X Imaging Ltd had a pretty Dodgy run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
Nano X Imaging Ltd (NNOX) has experienced a quarterly rise of 16.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 333.15M and boasts a workforce of 165 employees.
Decoding Analysts’ Ratings for Nano X Imaging Ltd
As of right now, 4 analysts are rating Nano X Imaging Ltd as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.28, with a change in price of -0.76. Similarly, Nano X Imaging Ltd recorded 1,258,908 in trading volume during the last 100 days, posting a change of -12.62%.
How NNOX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Nano X Imaging Ltd over the last 50 days is at 45.95%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 78.46%. Further, the company’s Stochastic %K and %D values for the last 20 days were 54.87% and 44.27%, respectively.
NNOX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -45.12%. However, over the past six months, we’ve seen a stronger performance of -38.13%. The price of NNOX fallen by 3.26% over the last 30 days. And in the last five days, it has surged by 3.26%.
