12,753 Shares in Nano-X Imaging Ltd. (NASDAQ:NNOX) Acquired by Gainplan LLC

Gainplan LLC purchased a new stake in shares of Nano-X Imaging Ltd. (NASDAQ:NNOX) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 12,753 shares of the company’s stock, valued at approximately $92,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NNOX. Bank of New York Mellon Corp lifted its position in Nano-X Imaging by 7.6% during the second quarter. Bank of New York Mellon Corp now owns 185,167 shares of the company’s stock worth $1,359,000 after acquiring an additional 13,085 shares during the last quarter. Rhumbline Advisers lifted its holdings in Nano-X Imaging by 3.9% during the 2nd quarter. Rhumbline Advisers now owns 75,920 shares of the company’s stock worth $557,000 after purchasing an additional 2,818 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Nano-X Imaging by 14.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,210 shares of the company’s stock valued at $148,000 after purchasing an additional 2,600 shares during the period. SG Americas Securities LLC bought a new stake in Nano-X Imaging in the 3rd quarter valued at $124,000. Finally, Creative Planning acquired a new position in Nano-X Imaging in the 3rd quarter valued at $107,000. 21.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NNOX. Cantor Fitzgerald boosted their target price on shares of Nano-X Imaging from $11.00 to $12.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. D. Boral Capital assumed coverage on shares of Nano-X Imaging in a research note on Monday, January 6th. They issued a “buy” rating and a $23.00 price objective for the company.

Nano-X Imaging Price Performance

Nano-X Imaging stock opened at $7.39 on Tuesday. The stock’s fifty day moving average price is $7.04 and its two-hundred day moving average price is $6.87. Nano-X Imaging Ltd. has a one year low of $5.26 and a one year high of $14.28. The firm has a market cap of $426.99 million, a PE ratio of -8.69 and a beta of 1.97.

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.