Nano-X Imaging Ltd. (NASDAQ:NNOX) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in shares of Nano-X Imaging Ltd. (NASDAQ:NNOX) by 22.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,794 shares of the company’s stock after purchasing an additional 5,123 shares during the quarter. SG Americas Securities LLC’s holdings in Nano-X Imaging were worth $177,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NNOX. Swiss National Bank raised its position in Nano-X Imaging by 8.9% in the first quarter. Swiss National Bank now owns 79,800 shares of the company’s stock valued at $865,000 after purchasing an additional 6,500 shares during the period. Panagora Asset Management Inc. purchased a new stake in Nano-X Imaging in the first quarter valued at $172,000. XTX Topco Ltd purchased a new stake in Nano-X Imaging in the first quarter valued at $149,000. Renaissance Technologies LLC raised its position in Nano-X Imaging by 245.6% in the first quarter. Renaissance Technologies LLC now owns 568,990 shares of the company’s stock valued at $6,168,000 after purchasing an additional 404,362 shares during the period. Finally, State Street Corp raised its position in Nano-X Imaging by 5.3% in the first quarter. State Street Corp now owns 220,110 shares of the company’s stock valued at $2,386,000 after purchasing an additional 10,980 shares during the period. Institutional investors and hedge funds own 21.49% of the company’s stock.

Nano-X Imaging Price Performance

NNOX stock opened at $9.71 on Monday. The company has a current ratio of 4.87, a quick ratio of 4.87 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $535.51 million, a PE ratio of -9.07 and a beta of 2.15. Nano-X Imaging Ltd. has a 12-month low of $4.89 and a 12-month high of $22.69. The business’s fifty day moving average price is $9.65 and its 200 day moving average price is $7.38.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald restated an “overweight” rating and issued a $18.00 target price on shares of Nano-X Imaging in a research report on Thursday, February 15th.

About Nano-X Imaging

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.