Nano Dimension (NASDAQ:NNDM) Shares Gap Up to $2.46

Nano Dimension Ltd. (NASDAQ:NNDM)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $2.46, but opened at $2.53. Nano Dimension shares last traded at $2.46, with a volume of 254,289 shares traded.

Nano Dimension Stock Performance

The firm has a 50-day moving average price of $2.41 and a two-hundred day moving average price of $2.53.

Nano Dimension (NASDAQ:NNDM) last released its earnings results on Monday, June 3rd. The technology company reported ($0.15) earnings per share for the quarter. Nano Dimension had a negative return on equity of 10.84% and a negative net margin of 203.87%. The business had revenue of $13.36 million for the quarter.

Institutional Trading of Nano Dimension

Institutional investors and hedge funds have recently made changes to their positions in the company. Keynote Financial Services LLC bought a new stake in shares of Nano Dimension in the first quarter valued at about $36,000. Virtu Financial LLC purchased a new position in Nano Dimension in the first quarter valued at about $42,000. Levin Capital Strategies L.P. purchased a new position in Nano Dimension in the fourth quarter valued at about $120,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Nano Dimension by 22.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 84,734 shares of the technology company’s stock valued at $203,000 after purchasing an additional 15,700 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Nano Dimension in the first quarter valued at about $631,000. 33.89% of the stock is currently owned by institutional investors.

Nano Dimension Company Profile

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