NANO DIMENSION/S (NNDM) Sets New 1-Year Low at $0.67

NANO DIMENSION/S (NASDAQ:NNDM) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $0.67 and last traded at $0.68, with a volume of 2100 shares traded. The stock had previously closed at $0.68.

Separately, Lake Street Capital downgraded shares of NANO DIMENSION/S from a “buy” rating to a “hold” rating in a report on Thursday, March 14th.

NANO DIMENSION/S (NASDAQ:NNDM) last posted its quarterly earnings data on Thursday, March 14th. The technology company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.04). NANO DIMENSION/S had a negative return on equity of 73.02% and a negative net margin of 303.69%. The company had revenue of $1.71 million for the quarter.

Several large investors have recently bought and sold shares of NNDM. Jane Street Group LLC increased its stake in NANO DIMENSION/S by 59.1% in the fourth quarter. Jane Street Group LLC now owns 38,259 shares of the technology company’s stock valued at $48,000 after acquiring an additional 14,213 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in NANO DIMENSION/S by 34.2% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the technology company’s stock valued at $89,000 after acquiring an additional 20,388 shares during the period. Meitav Dash Investments Ltd. bought a new stake in NANO DIMENSION/S in the first quarter valued at about $204,000. Delek Group Ltd. increased its stake in NANO DIMENSION/S by 1,710.0% in the first quarter. Delek Group Ltd. now owns 841,152 shares of the technology company’s stock valued at $594,000 after acquiring an additional 794,680 shares during the period. Finally, ARK Investment Management LLC increased its stake in NANO DIMENSION/S by 56.8% in the first quarter. ARK Investment Management LLC now owns 804,275 shares of the technology company’s stock valued at $571,000 after acquiring an additional 291,196 shares during the period. Institutional investors own 3.65% of the company’s stock.

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NANO DIMENSION/S Company Profile (NASDAQ:NNDM)

Nano Dimension Ltd., through its subsidiaries, operates as an additive electronics provider. The company offers DragonFly Pro precision system for additive manufacturing of printed electronics. It also develops conductive and dielectric ink, as well as provides Dragonfly and Switch software to manage design file and printing process.

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