Top Nanotechnology Stocks To Consider – August 17th

Onto Innovation, OSI Systems, NVE, Nano Dimension, and Biodexa Pharmaceuticals are the five Nanotechnology stocks to watch today, according to MarketBeat’s stock screener tool. Nanotechnology stocks are shares of publicly traded companies whose core businesses involve the research, development or commercialization of materials, devices and systems at the nanometer scale (one billionth of a meter). Investors in these stocks seek exposure to firms driving advances in areas like nanoelectronics, drug delivery, advanced materials and precision manufacturing. As an emerging technology sector, nanotechnology equities can be more volatile but offer the potential for significant long-term growth. These companies had the highest dollar trading volume of any Nanotechnology stocks within the last several days.

Onto Innovation (ONTO)

Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.

Shares of Onto Innovation stock traded down $3.06 during mid-day trading on Friday, hitting $106.97. 1,648,066 shares of the stock were exchanged, compared to its average volume of 1,518,031. The company has a 50-day simple moving average of $99.68 and a 200 day simple moving average of $119.96. The company has a market capitalization of $5.24 billion, a P/E ratio of 26.48, a P/E/G ratio of 0.72 and a beta of 1.44. Onto Innovation has a 12 month low of $85.88 and a 12 month high of $228.42.

OSI Systems (OSIS)

OSI Systems, Inc. designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.

OSI Systems stock traded up $0.78 during mid-day trading on Friday, reaching $234.27. 135,965 shares of the company traded hands, compared to its average volume of 138,136. OSI Systems has a 52-week low of $129.84 and a 52-week high of $241.64. The firm’s 50 day moving average price is $223.54 and its 200 day moving average price is $210.83. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 28.50, a P/E/G ratio of 1.98 and a beta of 1.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 1.38.

NVE (NVEC)

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data.

NASDAQ:NVEC traded down $0.34 during mid-day trading on Friday, reaching $63.01. The company’s stock had a trading volume of 32,423 shares, compared to its average volume of 52,872. The stock has a market cap of $304.78 million, a P/E ratio of 21.00 and a beta of 1.19. NVE has a 12-month low of $51.50 and a 12-month high of $88.50. The firm’s fifty day moving average price is $70.58 and its two-hundred day moving average price is $67.80.

Nano Dimension (NNDM)

Nano Dimension Ltd., together with its subsidiaries, engages in additive manufacturing solutions in Israel and internationally. The company offers 3D printers, comprising AME systems, which are inkjet printers, that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; micro additive manufacturing systems, a digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and industrial additive manufacturing systems, that utilizes a patented foil system that fabricates ceramic and metal parts.

Shares of NASDAQ NNDM remained flat at $1.38 during trading on Friday. The stock had a trading volume of 935,039 shares, compared to its average volume of 2,141,410. The company has a 50 day simple moving average of $1.47 and a 200 day simple moving average of $1.72. The company has a market capitalization of $299.85 million, a price-to-earnings ratio of -3.45 and a beta of 1.13. Nano Dimension has a 1 year low of $1.31 and a 1 year high of $2.74.

Biodexa Pharmaceuticals (BDRX)

Biodexa Pharmaceuticals Plc, a clinical stage biopharmaceutical company, focuses on developing a pipeline of products for the treatment of Type 1 diabetes and rare/orphan cancers of the brain. Its lead product candidate Tolimidone, a selective activator of the lyn kinase enzyme, currently under Phase II studies for the treatment of Type 1 diabetes.

BDRX stock remained flat at $7.04 during midday trading on Friday. The company’s stock had a trading volume of 8,702 shares, compared to its average volume of 35,712. Biodexa Pharmaceuticals has a 1-year low of $5.85 and a 1-year high of $163.10. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.75 and a quick ratio of 1.75. The business has a 50 day moving average price of $8.69 and a 200 day moving average price of $17.33.