With 2.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.74 million shares. The 52-week range on NNOX shows that it touched its highest point at $12.65 and its lowest point at $5.27 during that stretch. It currently has a 1-year price target of $15.00. Beta for the stock currently stands at 1.95.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NNOX was down-trending over the past week, with a drop of -16.56%, but this was down by -30.00% over a month. Three-month performance surged to 10.92% while six-month performance fell -11.64%. The stock lost -39.07% in the past year, while it has lost -12.50% so far this year. A look at the trailing 12-month EPS for NNOX yields -0.86 with Next year EPS estimates of -0.70. For the next quarter, that number is -0.23. This implies an EPS growth rate of 17.59% for this year and 20.79% for next year. EPS is expected to grow by 46.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -91.56%.
Float and Shares Shorts:
At present, 58.52 million NNOX shares are outstanding with a float of 53.08 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NNOX since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.8513 being high and -$0.9287 being low. For NNOX, this leads to a yearly average estimate of -$0.89. Based on analyst estimates, the high estimate for the next quarter is -$0.18 and the low estimate is -$0.18. The average estimate for the next quarter is thus -$0.18.
