Nano Dimension Receives a Buy from National Securities Corp

By Ryan Adsit

In a report released today, Ilya Grozovsky from National Securities Corp maintained a Buy rating on Nano Dimension (NASDAQ: NNDM), with a price target of $7. The company’s shares opened today at $1.37, close to its 52-week low of $1.21.

According to TipRanks.com, Grozovsky is a 4-star analyst with an average return of 7.8% and a 54.7% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Mitek Systems Inc, Datawatch Corp, and Digimarc Corp.

Nano Dimension has an analyst consensus of Moderate Buy, with a price target consensus of $7.

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The company has a one-year high of $7.60 and a one-year low of $1.21. Currently, Nano Dimension has an average volume of 53.23K.

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Nano Dimension Ltd. is engaged in development of a three-dimensional (3D) printer that prints electronic circuit boards (PCBs), and ink materials and products based on nano-technology. Its products consist of two main product lines-Dragonfly 2020 3D printer and proprietary ink products. The company was founded in 2012 and headquartered in Ness Ziona, Israel.