As has been the case with most of the growth-oriented stocks this year, NNDM has fallen significantly. Due to expectations of rising interest rates and inflation, investors have rotated away from growth into value stocks and got caught in the broader pullback.
Full Answer
Who owns nndm stock?
However, NNDM stock was down more than 28% as of Friday morning. On the date of publication, Nick Clarkson did not have (either directly or indirectly) any …
Why is Nano Dimension (nndm) stock falling?
Mar 04, 2021 · Shares of Nano Dimension ( NNDM -8.10%) sank 28.4% in February, according to data from S&P Global Market Intelligence. There wasn't much in the way of business-specific news behind the pullback ...
Will nndm stock continue to thrive in 2020?
Nov 21, 2020 · This is an explanation of why the stock price fell. The stock price of Nano Dimension Ltd (NASDAQ: NNDM) — a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME) — fell by 24.40% on Friday as it went from $5.86 per share at the previous close to $4.43. One of the biggest triggers for the stock price falling was …
Is nndm a good stock for 3D printing?
Jan 14, 2021 · Shares of Nano Dimension ( NNDM -1.39%) have plummeted today, down by 11% as of 11:20 a.m. EST, after the company priced yet another registered direct offering. Nano Dimension will sell 35 million ...
Why did NNDM go down?
Is NNDM a good investment?
Will NNDM ever go up?
The 1 analysts offering 12-month price forecasts for Nano Dimension Ltd have a median target of 10.00, with a high estimate of 10.00 and a low estimate of 10.00. The median estimate represents a +292.16% increase from the last price of 2.55.
What is going on with nano dimensions?
Will Bionano Genomics stock go up?
The 3 analysts offering 12-month price forecasts for Bionano Genomics Inc have a median target of 8.00, with a high estimate of 12.00 and a low estimate of 6.00. The median estimate represents a +469.40% increase from the last price of 1.41.
Is NNDM overvalued?
Is NNDM undervalued?
NNDM ($2.34) is significantly undervalued...
Who owns NNDM stock?
What is NNDM price target?
| High | $10.00 |
|---|---|
| Median | $10.00 |
| Low | $10.00 |
| Average | $10.00 |
| Current Price | $2.55 |
Why is nano dimensions going up?
How many NNDM shares does Ark have?
Where is Nano Dimension based?
Is Nano Dimension going to be a direct offering?
Nano Dimension regularly conducted direct offerings throughout 2020 as the company's business was hurt by the COVID-19 pandemic. Revenue in the first three quarters of 2020 declined by 72% from the same period in 2019, down to $1.4 million, which led to operating losses widening to $27.2 million.
Does Evan Niu have a position in Motley Fool?
Evan Niu, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Who is Evan from Motley Fool?
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
Calculating the Cash Per Share for NNDM Stock
For example, on May 10, NNMD indicated on page 2 of an F-3 filing with the SEC that it had 256,489,283 ADSs (American Depository Shares) outstanding. It also said that the ADSs represent ordinary shares on a 1 for 1 basis. This implies that at Wednesday’s closing price of $5.65 per share, NNMD’s market value is $1,449 million (i.e., $1.45 billion).
American vs. Israeli Disclosures
So, you can see why it is so important that Nano Dimension starts to provide exact share counts. In fact, Nano Dimension did not even provide a “diluted” earnings per share number. This is normally required of any American company.
What the Business Is Worth
So, based on 272.04 million shares outstanding, its $1.397 billion cash balance works out to $5.135 in cash per share. That is 90.88% of the $5.65 price at which NNDM stock trades. The difference must be what the market thinks the underlying 3d printing businesses and technology is worth.
What to Do With NNDM Stock
Most investors should just wait for NNDM stock to fall well below (at least 20% below) its cash per share of $5.135. That will give the defensive investor a margin of safety, given the issues with the company’s disclosures, its long-term business value, and its cash burn.
What stocks does MarketBeat like better than Nano Dimension?
Wall Street analysts have given Nano Dimension a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nano Dimension wasn't one of them.
When is Nano Dimension's next earnings date?
Nano Dimension is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.#N#View our earnings forecast for Nano Dimension.
How were Nano Dimension's earnings last quarter?
Nano Dimension Ltd. (NASDAQ:NNDM) released its quarterly earnings data on Wednesday, March, 10th. The technology company reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.16. The technology company had revenue of $1.97 million for the quarter.
How has Nano Dimension's stock been impacted by COVID-19?
Nano Dimension's stock was trading at $53.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NNDM shares have decreased by 88.4% and is now trading at $6.13.#N#View which stocks have been most impacted by COVID-19.
When did Nano Dimension's stock split? How did Nano Dimension's stock split work?
Shares of Nano Dimension reverse split before market open on Monday, June 29th 2020. The 1-50 reverse split was announced on Tuesday, June 16th 2020. The number of shares owned by shareholders was adjusted after the market closes on Friday, June 26th 2020.
Who are some of Nano Dimension's key competitors?
Some companies that are related to Nano Dimension include Plexus (PLXS), Sanmina (SANM), TTM Technologies (TTMI), Celestica (CLS), CTS (CTS), Benchmark Electronics (BHE), Kimball Electronics (KE), IEC Electronics (IEC), Key Tronic (KTCC), Eltek (ELTK) and SigmaTron International (SGMA).#N#View all of NNDM's competitors.
What other stocks do shareholders of Nano Dimension own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Nano Dimension investors own include Sorrento Therapeutics (SRNE), NVIDIA (NVDA), Advanced Micro Devices (AMD), NIO (NIO), Workhorse Group (WKHS), Micron Technology (MU), Tesla (TSLA), Enphase Energy (ENPH), Alibaba Group (BABA) and (CGC).
Why 3D Printing Stocks Jumped This Week
3D printing companies continue to make slow and steady improvements to their products, which is helping their stocks today.
Nano Dimension Is a Solid Pick Now Selling at a Discount
Nano Dimension (NASDAQ:NNDM) was one of the beneficiaries of the 2020 bull run. I remember last year when NNDM stock was very popular among retail investors. The stock shot up nearly 10x from below $2 in September last year to a high of approximately $18.
Nano Dimension Nears Support And Needs A Bounce Or Things Might Get Ugly
Nano Dimension Ltd. - ADR (NASDAQ: NNDM) shares are trading down Tuesday, as traders were able to push the stock lower. There looks to be no company-specific news out to cause the jump in share price, but the stock was trending on StockTwits Tuesday. Nano Dimension was down 4.43% at $5.39 at market close Tuesday.
Meta Materials Stock Is Stuck in a Downward Trend and Things Look Bleak
Ever since Nano Dimension (NASDAQ:NNDM) peaked in Feb. 2021 and trended lower, Meta Materials (NASDAQ:MMAT) stock followed. Source: BLAGORODEZ / Shutterstock.com On Aug. 5, Meta Materials announced an indirect acquisition of Nanotech Security for CAD 90.8 million.
Be Patient with Nano Dimension as It Waits for the Pandemic to Pass
I last wrote about Nano Dimension (NASDAQ:NNDM) in early April. Back then, shares of NNDM stock were trading around the $8 mark. On Aug. 11, however, the stock closed at $6.38.
10 Best EV Materials Stocks to Buy
In this article, we discuss the 10 best EV materials stocks to buy. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best EV Materials Stocks to Buy. The increase in demand for electric vehicles (EVs) around the world over the past few years has also given a […]
3D Printer Nano Dimension: Meme, or Long-Term Growth?
The amount of hype around 3D printing stocks right now is impressive. Indeed, growth investors are looking for companies with cutting-edge breakthrough technologies. Accordingly, it’s clear why Nano Dimension (NNDM) has received so much attention of late.