Gainplan LLC acquired a new position in shares of Nano-X Imaging Ltd. (NASDAQ:NNOX – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,753 shares of the company’s stock, valued at approximately $92,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in shares of Nano-X Imaging during the 3rd quarter worth approximately $25,000. Verition Fund Management LLC bought a new position in Nano-X Imaging in the third quarter valued at $88,000. Creative Planning acquired a new stake in Nano-X Imaging in the 3rd quarter valued at $107,000. Intech Investment Management LLC bought a new stake in Nano-X Imaging during the 3rd quarter worth about $124,000. Finally, SG Americas Securities LLC acquired a new position in shares of Nano-X Imaging during the 3rd quarter worth about $124,000. 21.49% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
NNOX has been the topic of several analyst reports. D. Boral Capital started coverage on Nano-X Imaging in a report on Monday, January 6th. They set a “buy” rating and a $23.00 target price on the stock. Cantor Fitzgerald upped their price objective on Nano-X Imaging from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th.
Nano-X Imaging Price Performance
Shares of NNOX opened at $7.39 on Tuesday. The company has a market cap of $426.99 million, a PE ratio of -8.69 and a beta of 1.97. The firm has a 50-day moving average of $7.04 and a 200-day moving average of $6.87. Nano-X Imaging Ltd. has a one year low of $5.26 and a one year high of $14.28.
Nano-X Imaging Company Profile
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.
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