Nano-X Imaging Ltd. (NASDAQ:NNOX) Stock Holdings Decreased by Griffin Asset Management Inc.

Griffin Asset Management Inc. decreased its stake in shares of Nano-X Imaging Ltd. (NASDAQ:NNOX) by 11.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 202,411 shares of the company’s stock after selling 25,321 shares during the period. Griffin Asset Management Inc.’s holdings in Nano-X Imaging were worth $1,978,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of NNOX. Tower Research Capital LLC TRC raised its stake in Nano-X Imaging by 471.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 8,425 shares of the company’s stock valued at $54,000 after buying an additional 6,950 shares in the last quarter. Olympiad Research LP increased its holdings in shares of Nano-X Imaging by 35.1% in the 4th quarter. Olympiad Research LP now owns 16,832 shares of the company’s stock valued at $107,000 after acquiring an additional 4,375 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Nano-X Imaging by 27.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,133 shares of the company’s stock valued at $109,000 after acquiring an additional 3,639 shares in the last quarter. Dark Forest Capital Management LP bought a new position in Nano-X Imaging during the third quarter worth $179,000. Finally, SG Americas Securities LLC boosted its holdings in Nano-X Imaging by 22.6% in the fourth quarter. SG Americas Securities LLC now owns 27,794 shares of the company’s stock worth $177,000 after purchasing an additional 5,123 shares during the period. 21.49% of the stock is currently owned by institutional investors and hedge funds.

Nano-X Imaging Trading Up 10.7 %

NNOX stock traded up $0.71 during trading on Friday, hitting $7.34. The company had a trading volume of 4,075,279 shares, compared to its average volume of 780,271. The firm has a market capitalization of $424.11 million, a price-to-earnings ratio of -6.86 and a beta of 2.09. The business has a 50 day moving average of $8.52 and a 200 day moving average of $8.28. Nano-X Imaging Ltd. has a fifty-two week low of $4.89 and a fifty-two week high of $16.52.

Nano-X Imaging (NASDAQ:NNOX) last posted its quarterly earnings data on Tuesday, May 28th. The company reported ($0.21) earnings per share (EPS) for the quarter. Nano-X Imaging had a negative net margin of 611.89% and a negative return on equity of 31.57%. The company had revenue of $2.55 million during the quarter. During the same period in the previous year, the business earned ($0.21) EPS. As a group, equities analysts predict that Nano-X Imaging Ltd. will post -0.86 EPS for the current year.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald restated an “overweight” rating and issued a $18.00 price target on shares of Nano-X Imaging in a research report on Wednesday, May 29th.

Nano-X Imaging 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.