Nano Dimension ACQUISITION! NNDM stock Analysis and Nano Dimension stock price prediction by analyst
YT Finance YT Finance
39.9K subscribers
17,678 views
0

 Published On Jan 8, 2021

Let’s discuss Nano Dimension Stock Ticker Symbol NNDM specifically the acquisition merger that they are raising money for, along with How Nano Dimension stacks up in the computer hardware field, we will also talk about NNDM’s stock price targets, price predictions, and price forecasts, plus what the market worth is for 3D printing in regards to the medical device market. Like this video right now for Nano Dimension stock, and comment down below if you think NNDM stock will rally or crash. With that being said let’s get into our first Nano Dimension stock article. How we know that Nano Dimension is looking for an acquisition merger with another company comes from a direct Quote from the CEO of Nano Dimension which says this. The acquisition will be announced this year but Nano Dimension has not denied this rumor if it taking place this year they simply just say that they are looking around. When the acquisition is officially announced the NNDM stock price could rally pretty high. Right now Nano Dimension Stock has a rating of 59 which solidifies its place near the best in the computer hardware industry. This means that Nano dimension scored higher than 76 percent of stocks in the computer hardware industry and that NNDM stock is 59 percent better than all other stocks on the market. This overall analysis of Nano Dimension stock comes from a combination of the company’s technicals and fundamentals which serve as a great starting block for further NNDM stock Analysis. This week Nano Dimension stock was trading at $8.83 which was an increase of over 9% but the stock has had lower trading volume than usual which is no need to freak out it just means that the shorts are taking profits and getting out after this mini NNDM stock rally. Nano Dimension has been a great stock to hold recently with the 52 week low being 51 cents and a high of $10.49 cents for the year. Analysts currently have a very conservative price estimate for NNDM stock to hit $10 in the next 12 months when in relative investors think the stock will be worth much more this year and we will talk more about that later. Currently Nano Dimension stock is trading 15% over its 20-day moving average and 50% above its 50-day moving average with the stock pulling in even better gains if we look at the year's growth. However NNDM stock has pullback by a minuscule amount which gives you as an investor the option to buy at this price which could give you a 10.7% gain over 12 months according to analysts if we use a $10 price target meaning that everything above that price point being an extra profit for you. This is one of the reasons why analysts say that Nano Dimension stock is a buy at its current price. We will get more information on Nano Dimension’s stock and the company's performance in its quarterly report which is estimated to show their Earnings per share to increase 71% and its sales to reach $438k. Nano Dimension stock also has strong institutional backing with 38 instituting owning NNDM stock and the entity that holds the most out of the 38 institutions is to no one's surprise is ARK Invest who is literally one if their number one supporters. As of right now, Nano Dimension is not the only 3D printing stock that is having great gains. We have 3D Systems ticker symbol DDD jumping up 77% after its fourth-quarter preliminary results came in. We have Stratasys ticker name SSYS surging 28%, Desktop Metal ticker symbol DM up 12%, and of course Nano Dimension ticker symbol NNDM leaping up 13% in the same time period. And here is more reason why I think Nano Dimension’s stock will surge even more when their acquisition is announced because even though Stratasys had a 20% decrease in revenue their stock price still increased after closing a $100 million acquisition of Origin which is expected to bring the company $200 million dollars.

#NanoDimension #NNDMstock #Nanodimsensiostock #NNDM

0:00 Introduction
0:37 Webull
1:33 nndm stock
5:45 Nano Dimension
6:01 3D Printing stocks
7:22 Study

FREE MONEY:

Free Robinhood stock: https://join.robinhood.com/mitchew1079

Get 2 Free stocks with Webull valued at $2.50-$250, also if you invest $100 or more you will get 2 more stocks worth $8-1,600: https://act.webull.com/k/qfLmgYwwQ2G1...

Free $10 worth of Cryptocurrency on Coinbase with a $100 investment: coinbase.com/join/ward_gkob?src=ios-link

Free $20 worth of Bitcoin on Celsius with a $200 investment: https://celsiusnetwork.app.link/19300...

Sources: https://www.investorsobserver.com/new...

https://newsrts.com/2021/01/07/nano-d...

https://www.nasdaq.com/articles/why-3...

https://finance.yahoo.com/news/global...

https://en.globes.co.il/en/article-is...

show more

Share/Embed