Nano-X Imaging (NNOX) Set to Announce Earnings on Thursday

Nano-X Imaging (NASDAQ:NNOXGet Rating) will release its earnings data before the market opens on Thursday, May 19th. Analysts expect Nano-X Imaging to post earnings of ($0.19) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

NNOX opened at $9.20 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 17.96 and a current ratio of 1.80. Nano-X Imaging has a 52-week low of $8.23 and a 52-week high of $34.50. The stock has a market capitalization of $479.14 million, a PE ratio of -7.30 and a beta of 2.68. The stock’s 50 day moving average price is $10.22 and its 200-day moving average price is $13.94.

A number of hedge funds and other institutional investors have recently modified their holdings of NNOX. BlackRock Inc. grew its stake in shares of Nano-X Imaging by 2.8% in the 4th quarter. BlackRock Inc. now owns 608,534 shares of the company’s stock worth $8,847,000 after buying an additional 16,812 shares during the last quarter. Morgan Stanley boosted its holdings in Nano-X Imaging by 1.6% in the third quarter. Morgan Stanley now owns 245,700 shares of the company’s stock worth $5,528,000 after acquiring an additional 3,871 shares in the last quarter. State Street Corp boosted its holdings in Nano-X Imaging by 4.9% in the fourth quarter. State Street Corp now owns 209,130 shares of the company’s stock worth $3,041,000 after acquiring an additional 9,770 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Nano-X Imaging in the fourth quarter worth $2,394,000. Finally, Swiss National Bank boosted its holdings in Nano-X Imaging by 8.9% in the first quarter. Swiss National Bank now owns 79,800 shares of the company’s stock worth $865,000 after acquiring an additional 6,500 shares in the last quarter. 13.50% of the stock is owned by institutional investors.

Separately, Zacks Investment Research cut Nano-X Imaging from a “hold” rating to a “sell” rating in a research note on Wednesday, April 6th.

About Nano-X Imaging (Get Rating)

Nano-X Imaging Ltd., a development-stage company, develops, produces, and commercializes digital X-ray source technology for the medical imaging industry worldwide. Its X-ray source is based on a novel digital MEMs semiconductor cathode. The company also develops a prototype of the Nanox.ARC, a medical imaging system incorporating its novel digital X-ray source; and Nanox.CLOUD, a companion cloud-based software that will allow for the delivery of medical screening as a service.

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Earnings History for Nano-X Imaging (NASDAQ:NNOX)

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