Nano Dimension Ltd. (NASDAQ:NNDM)’s stock price dropped 5.4% on Thursday . The company traded as low as $6.44 and last traded at $6.50. Approximately 167,905 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 10,686,046 shares. The stock had previously closed at $6.87.
The business has a 50 day moving average price of $7.33. The firm has a market capitalization of $1.64 billion, a P/E ratio of -6.69 and a beta of 2.36.
Nano Dimension (NASDAQ:NNDM) last released its quarterly earnings data on Thursday, May 20th. The technology company reported ($0.05) earnings per share for the quarter. Nano Dimension had a negative return on equity of 9.92% and a negative net margin of 1,588.77%. The business had revenue of $0.81 million during the quarter.
About Nano Dimension (NASDAQ:NNDM)
Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. Its flagship product is the proprietary DragonFly lights-out digital manufacturing (LDM) system, a precision system that produces professional multilayer circuit-boards, radio frequency antennas, sensors, conductive geometries, and molded connected devices for prototyping through custom additive manufacturing.
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