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How to buy Nano Dimension stock in Canada | $4.91

Own Nano Dimension shares in just a few minutes.

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Nano Dimension Ltd is a computer hardware business based in the US. Nano Dimension shares (NNDM.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $4.91 – an increase of 87.4% over the previous week. Nano Dimension employs 68 staff and has a trailing 12-month revenue of around $5.2 million.

How to buy shares in Nano Dimension

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NNDM in this case.
  5. Research Nano Dimension shares. The platform should provide the latest information available.
  6. Buy your Nano Dimension shares. It's that simple.

How has Coronavirus impacted Nano Dimension's share price?

Since the stock market crash in March caused by coronavirus, Nano Dimension's share price has had significant positive movement.

Its last market close was $4.91, which is 72.51% up on its pre-crash value of $1.35 and 715.61% up on the lowest point reached during the March crash when the shares fell as low as $0.602.

If you had bought $1,000 worth of Nano Dimension shares at the start of February 2020, those shares would have been worth $318.24 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,211.71.

Nano Dimension share price

Use our graph to track the performance of NNDM stocks over time.

Nano Dimension shares at a glance

Information last updated 2020-10-20.
Latest market close $4.91
52-week range $0.51 - $6
50-day moving average $2.1709
200-day moving average $1.9257
Wall St. target price $6
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.45

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Is it a good time to buy Nano Dimension stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Nano Dimension price performance over time

Historical closes compared with the last close of $4.91

1 week (2020-11-20) 10.84%
1 month (2020-10-30) 61.51%
3 months (2020-08-28) 190.53%
6 months (2020-05-27) 89.58%
1 year (2019-11-27) 87.40%
2 years (2018-11-27) 202.71%
3 years (2017-11-27) 24.49%

Nano Dimension financials

Revenue TTM USD$5.2 million
Gross profit TTM USD$2.8 million
Return on assets TTM -18.92%
Return on equity TTM -44.12%
Profit margin 0%
Book value $1.882
Market capitalisation USD$235.2 million

TTM: trailing 12 months

How to short and sell Nano Dimension shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "NNDM.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 1.5 million Nano Dimension shares held short by investors – that's known as Nano Dimension's "short interest". This figure is 64.6% up from 890,069 last month.

There are a few different ways that this level of interest in shorting Nano Dimension shares can be evaluated.

Nano Dimension's "short interest ratio" (SIR)

Nano Dimension's "short interest ratio" (SIR) is the quantity of Nano Dimension shares currently shorted divided by the average quantity of Nano Dimension shares traded daily (recently around 8.1 million). Nano Dimension's SIR currently stands at 0.18. In other words for every 100,000 Nano Dimension shares traded daily on the market, roughly 180 shares are currently held short.

However Nano Dimension's short interest can also be evaluated against the total number of Nano Dimension shares, or, against the total number of tradable Nano Dimension shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nano Dimension's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Nano Dimension shares in existence, roughly 30 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Nano Dimension shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Nano Dimension.

Find out more about how you can short Nano Dimension stock.

Nano Dimension share dividends

We're not expecting Nano Dimension to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

Have Nano Dimension's shares ever split?

Nano Dimension's shares were split on a 1:10 basis on 22 October 2019. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Nano Dimension shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Nano Dimension shares which in turn could have impacted Nano Dimension's share price.

Nano Dimension share price volatility

Over the last 12 months, Nano Dimension's shares have ranged in value from as little as $0.51 up to $6. A popular way to gauge a stock's volatility is its "beta".

NNDM.US volatility(beta: 1.87)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Nano Dimension's is 1.8737. This would suggest that Nano Dimension's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Nano Dimension overview

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. Its flagship product is the proprietary DragonFly lights-out digital manufacturing system, a precision system that produces professional multilayer circuit-boards, radio frequency antennas, sensors, conductive geometries, and molded connected devices for prototyping through custom additive manufacturing. The company also provides nanotechnology based conductive and dielectric inks; and DragonFly and Switch software to manage the design file and printing process. It markets and sells products and services to companies that develop products with electronic components, including companies in the defense, automotive, consumer electronics, semiconductor, aerospace, and medical industries, as well as research institutes. The company was founded in 2012 and is headquartered in Ness Ziona, Israel.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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