Nano Dimension (NNDM) to Release Earnings on Tuesday

Nano Dimension (NASDAQ:NNDM) is set to release its earnings data before the market opens on Tuesday, November 28th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Nano Dimension (NASDAQ:NNDM) last released its earnings results on Monday, August 21st. The technology company reported ($0.04) earnings per share (EPS) for the quarter. Nano Dimension had a negative return on equity of 12.06% and a negative net margin of 273.14%. The business had revenue of $14.74 million for the quarter.

Nano Dimension Trading Up 0.8 %

NASDAQ:NNDM opened at $2.47 on Tuesday. Nano Dimension has a 12-month low of $2.06 and a 12-month high of $3.35. The stock has a 50-day moving average price of $2.62 and a 200 day moving average price of $2.70. The stock has a market capitalization of $524.78 million, a P/E ratio of -4.49 and a beta of 1.85.

Analysts Set New Price Targets

Separately, TheStreet cut Nano Dimension from a “c-” rating to a “d+” rating in a report on Tuesday, November 7th.

Hedge Funds Weigh In On Nano Dimension

Several institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in Nano Dimension by 33.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,220 shares of the technology company’s stock valued at $44,000 after buying an additional 3,773 shares in the last quarter. Two Sigma Investments LP grew its holdings in Nano Dimension by 3.1% during the 4th quarter. Two Sigma Investments LP now owns 141,100 shares of the technology company’s stock valued at $325,000 after buying an additional 4,184 shares in the last quarter. Rhumbline Advisers grew its holdings in Nano Dimension by 106.6% during the 3rd quarter. Rhumbline Advisers now owns 10,070 shares of the technology company’s stock valued at $27,000 after buying an additional 5,195 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in Nano Dimension by 3.0% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 208,793 shares of the technology company’s stock valued at $656,000 after buying an additional 5,991 shares in the last quarter. Finally, Advisor Group Holdings Inc. lifted its stake in shares of Nano Dimension by 4.9% in the 4th quarter. Advisor Group Holdings Inc. now owns 136,604 shares of the technology company’s stock valued at $315,000 after purchasing an additional 6,319 shares during the last quarter. Hedge funds and other institutional investors own 35.26% of the company’s stock.

Nano Dimension Company Profile

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company offers 3D printers, comprising DragonFly IV that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and admaflex that utilizes a patented DLP foil system that fabricates ceramic and metal parts.