Nano Dimension (NASDAQ:NNDM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Nano Dimension (NASDAQ:NNDM) from a sell rating to a hold rating in a research note released on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Nano Dimension in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Nano Dimension currently has an average rating of “Sell”.

Nano Dimension Stock Up 9.3%

NNDM opened at $2.11 on Friday. Nano Dimension has a 52-week low of $1.31 and a 52-week high of $2.68. The firm has a market capitalization of $457.72 million, a P/E ratio of -1.73 and a beta of 0.91. The firm’s 50 day moving average is $1.77 and its 200-day moving average is $1.62.

Institutional Trading of Nano Dimension

Several institutional investors have recently modified their holdings of the company. Nano Cap New Millennium Growth Fund L P bought a new position in Nano Dimension during the fourth quarter worth about $346,000. Griffin Asset Management Inc. bought a new stake in shares of Nano Dimension during the 4th quarter valued at $44,000. Anchyra Partners LLC bought a new stake in shares of Nano Dimension in the 4th quarter valued at about $69,000. Peapod Lane Capital LLC increased its position in shares of Nano Dimension by 14.7% in the 4th quarter. Peapod Lane Capital LLC now owns 1,760,516 shares of the technology company’s stock valued at $2,711,000 after buying an additional 225,491 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new position in shares of Nano Dimension in the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 33.89% of the company’s stock.

Nano Dimension Company Profile

Nano Dimension Ltd. (NASDAQ: NNDM) is a provider of advanced additive manufacturing solutions tailored for the electronics industry. Founded in 2012 and headquartered in Ness Ziona, Israel, the company develops integrated hardware, software and material platforms designed to accelerate the design and production of printed circuit boards (PCBs) and conformal electronic devices. Its flagship DragonFly printers use patented inkjet-based 3D printing technology to produce multi-layer PCB prototypes in a single build process, reducing lead times and enabling rapid design iterations.

In addition to its 3D printing systems, Nano Dimension offers a suite of proprietary conductive and dielectric inks, as well as workflow software that connects designers, engineers and manufacturers.