Zacks Investment Research downgraded shares of Nano Dimension Ltd. (NASDAQ:NNDM) from a hold rating to a sell rating in a report published 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 analysts have also weighed in on NNDM. Lake Street Capital started coverage on shares of Nano Dimension in a report on Tuesday, September 27th. They set a buy rating and a $12.00 target price on the stock. National Securities reaffirmed a buy rating and set a $13.00 target price on shares of Nano Dimension in a report on Thursday, November 17th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Nano Dimension currently has a consensus rating of Buy and an average price target of $12.60.

Analyst Recommendations for Nano Dimension (NASDAQ:NNDM)

Nano Dimension (NASDAQ:NNDM) opened at 6.0101 on Tuesday. The firm’s market cap is $45.89 million. Nano Dimension has a one year low of $5.79 and a one year high of $9.99. The stock’s 50 day moving average is $6.13 and its 200-day moving average is $6.84.

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Nano Dimension Company Profile

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.

5 Day Chart for NASDAQ:NNDM

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