Nano-X Imaging (NNOX) Scheduled to Post Quarterly Earnings on Tuesday

Nano-X Imaging (NASDAQ:NNOX) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 28th. Parties that are interested in registering for the company’s conference call can do so using this link.

Nano-X Imaging Stock Up 0.6 %

Shares of NASDAQ NNOX opened at $6.58 on Tuesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.31 and a quick ratio of 3.31. The company has a market cap of $362.89 million, a P/E ratio of -3.76 and a beta of 1.73. Nano-X Imaging has a 1 year low of $4.89 and a 1 year high of $22.69. The firm has a 50-day simple moving average of $6.23 and a two-hundred day simple moving average of $11.43.

Institutional Trading of Nano-X Imaging

Several institutional investors and hedge funds have recently modified their holdings of the stock. Boothbay Fund Management LLC increased its holdings in Nano-X Imaging by 6.6% during the first quarter. Boothbay Fund Management LLC now owns 12,439 shares of the company’s stock valued at $72,000 after buying an additional 772 shares during the period. UBS Asset Management Americas Inc. increased its holdings in Nano-X Imaging by 1.4% during the third quarter. UBS Asset Management Americas Inc. now owns 61,544 shares of the company’s stock valued at $706,000 after buying an additional 842 shares during the period. Rhumbline Advisers grew its holdings in Nano-X Imaging by 1.4% in the second quarter. Rhumbline Advisers now owns 72,824 shares of the company’s stock worth $1,128,000 after purchasing an additional 1,028 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Nano-X Imaging by 11.7% in the first quarter. Principal Financial Group Inc. now owns 13,348 shares of the company’s stock worth $77,000 after purchasing an additional 1,403 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in Nano-X Imaging by 9.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 17,339 shares of the company’s stock worth $128,000 after purchasing an additional 1,451 shares during the last quarter. Institutional investors own 21.82% of the company’s stock.

Analyst Ratings Changes

NNOX has been the subject of several research analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $30.00 price target on shares of Nano-X Imaging in a research note on Tuesday, October 3rd. Alliance Global Partners initiated coverage on shares of Nano-X Imaging in a research note on Friday, September 8th. They set a “buy” rating and a $14.50 price target for the company.

About Nano-X Imaging

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.