Nano Dimension Initiated with a Buy at National Securities Corp

By Austin Angelo

Nano Dimension (NASDAQ: NNDM) received a Buy rating and a $13 price target from National Securities Corp analyst Ilya Grozovsky on November 15. The company’s shares closed yesterday at $6.47, close to its 52-week low of $6.20.

According to TipRanks.com, Grozovsky is a 2-star analyst with an average return of 0.3% and a 50.0% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Jive Software Inc., Callidus Software, and Ceragon Networks.

Nano Dimension has an analyst consensus of Moderate Buy, with a price target consensus of $12.

The company has a one year high of $9.40 and a one year low of $6.20. Currently, Nano Dimension has an average volume of 11.42K.

Nano Dimension Ltd. engages in researching, developing and manufacturing printing electronics, advanced 3D printed electronics, including a 3D printer for multilayer printed circuit boards, and the development of nanotechnology-based conductive and dielectric inks, which are complementary products for 3D printers. The company was founded in 2012 and headquartered in Ness-Tsiona, Israel.