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Nano Dimension ADR Steady Today At $2.83 After Earnings

Thursday, March 21, 2024 09:34 AM | InvestorsObserver Analysts

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Nano Dimension ADR Steady Today At $2.83 After Earnings



reported that it broke-even during the quarter. The firm's earnings are up 100% since reporting losses of $0.34 per share in the same period a year ago.



The stock is steady today at $2.83 after the report.

Nano Dimension ADR's profit margins maintained as both earnings and revenue declined at the same pace.

Trading in the five days leading up to the report earned Nano Dimension ADR a Neutral Sentiment Rank from InvestorsObserver.

Nano Dimension ADR has performed a little above average during the past few months. Before the report, Nano Dimension ADR received a Long-Term Technical Rank by InvestorsObserver of 66, putting it in the top half of stocks. The firm was recently trading at a 52-week low of $2.06 on January 19, 2024 and set a 52-week high on July 27, 2023 at $3.35.

Nano Dimension Ltd is engaged in research and development of a three-dimensional printer that prints electronic circuit boards, also known as printed circuit boards, and ink materials and products based on nanotechnology. Its products consist of two main product lines - Dragonfly 2020 3D printer and proprietary ink products. The company's Dragonfly 2020 3D printer currently in development uses proprietary ink and integrated software to quickly create fully functioning PCB prototypes. Geographically, it generates maximum revenue from the USA followed by the Asia Pacific and Europe and Israel. It serves the Commercial, Research and Printing services industries.

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