NANO DIMENSION/S (NASDAQ:NNDM) Sees Large Volume Increase

NANO DIMENSION/S (NASDAQ:NNDM) saw an uptick in trading volume on Wednesday . 1,786,493 shares traded hands during trading, an increase of 750% from the previous session’s volume of 210,161 shares.The stock last traded at $0.47 and had previously closed at $0.42.

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

The company has a quick ratio of 2.85, a current ratio of 3.59 and a debt-to-equity ratio of 0.09.

NANO DIMENSION/S (NASDAQ:NNDM) last posted its earnings results on Wednesday, May 15th. The technology company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.01. The firm had revenue of $1.69 million during the quarter. NANO DIMENSION/S had a negative return on equity of 69.17% and a negative net margin of 208.66%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its position in shares of NANO DIMENSION/S by 59.1% during the 4th 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 last quarter. Meitav Dash Investments Ltd. bought a new position in shares of NANO DIMENSION/S during the 1st quarter valued at approximately $204,000. ARK Investment Management LLC boosted its position in shares of NANO DIMENSION/S by 56.8% during the 1st 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 last quarter. Finally, Delek Group Ltd. boosted its position in shares of NANO DIMENSION/S by 1,710.0% during the 1st 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 last quarter. Hedge funds and other institutional investors own 3.65% of the company’s stock.

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About NANO DIMENSION/S (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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