Nano-X Imaging (NNOX) Expected to Announce Quarterly Earnings on Monday

Nano-X Imaging (NASDAQ:NNOX) will likely be announcing its earnings results before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $3.80 million for the quarter.

Nano-X Imaging Stock Down 4.2 %

Nano-X Imaging stock opened at $5.23 on Friday. The stock has a market cap of $302.18 million, a price-to-earnings ratio of -6.15 and a beta of 1.99. The business has a 50-day simple moving average of $6.62 and a 200 day simple moving average of $6.65. Nano-X Imaging has a 52 week low of $5.06 and a 52 week high of $11.39.

Analysts Set New Price Targets

Several research analysts have recently commented on NNOX shares. Cantor Fitzgerald boosted their price objective on Nano-X Imaging from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. D. Boral Capital reissued a “buy” rating and issued a $23.00 price target on shares of Nano-X Imaging in a research note on Tuesday, February 25th.

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.