Zacks Investment Research downgraded shares of Nano Dimension Ltd. (NASDAQ:NNDM) from a hold rating to a sell rating in a report released on Tuesday.

According to Zacks, “Nano Dimension Ltd. is focuses on development of 3D printed electronics systems and additive manufacturing. The company’s products technologies consist of 3D inkjet, 3D software and nanomaterials. Nano Dimension Ltd. is based in Israel. “

A number of other research analysts have also recently issued reports on NNDM. National Securities reissued a buy rating and issued a $13.00 target price on shares of Nano Dimension in a research note on Thursday, November 17th. Lake Street Capital assumed coverage on Nano Dimension in a research note on Tuesday, September 27th. They issued a buy rating and a $12.00 target price for the company. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Nano Dimension presently has a consensus rating of Buy and a consensus price target of $12.60.

Shares of Nano Dimension (NASDAQ:NNDM) traded up 3.1423% on Tuesday, hitting $6.4204. The company had a trading volume of 705 shares. Nano Dimension has a 12-month low of $5.79 and a 12-month high of $9.40. The firm’s market capitalization is $49.03 million. The firm has a 50 day moving average of $6.09 and a 200-day moving average of $6.82.

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About Nano Dimension

Nano Dimension Ltd is an Israel-based holding company active in the high technology sector. The Company has a 100% holding in Nano Dimension Technologies, a company that develops three dimensional (3D) printers for Printed Circuit Boards (PCBs), that is electronic circuits, and nano-technology inks. The inks are conductive nano-silver particle inks and insulating nano-polymer inks.

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