How to Buy Nano X Imaging Stock

Nano X Imaging Ltd

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source.

Nano X Imaging stock last closed at $7.41, down 1.59% from the previous day, and has increased 19.13% in one year. It has overperformed other stocks in the Medical Devices industry by 0.34 percentage points. Nano X Imaging stock is currently +40.87% from its 52-week low of $5.26, and -48.11% from its 52-week high of $14.28.

As of Dec 12, 2024, there are 58.52M shares of NNOX outstanding. The market capitalization of NNOX is $433.65M. In the last 24 hours, 1.98M NNOX shares were traded.

How to Buy Nano X Imaging Stock

Not sure how to invest in Nano X Imaging stock? Here's how.

  1. Figure out where to buy Nano X Imaging stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Nano X Imaging stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your method of payment and add your details.
  4. Evaluate Nano X Imaging stock: The Nano X Imaging ticker symbol is NNOX. Is Nano X Imaging stock a good investment? Should you buy shares of NNOX? How do NNOX's underlying business fundamentals look? Do top analysts think Nano X Imaging is a good buy? Why has NNOX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if NNOX is a good stock to buy).
  5. Place your NNOX trade: Decide if you will purchase NNOX shares at the current market price or use a limit order to buy NNOX shares at a specific price.
  6. Get key alerts regarding your NNOX position: Create a watchlist to get the latest news on your position in Nano X Imaging shares.

Step 1: Figure out where to buy Nano X Imaging stock

You need an online brokerage account in order to access the NASDAQ market and buy NNOX shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you can invest in NNOX today.

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  2. Enter your personal data to open a new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have filled out your info on one of the most highly reviewed stock market apps, you need to deposit funds:

Check out the walkthrough below for more details depositing money into your brokerage account.

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Step 4: Evaluate Nano X Imaging stock

Once you have identified the best place to buy Nano X Imaging stock, it's very important to research their stock before you invest, so you actually understand the risk as well as the upside.

Nano X Imaging shares data

NNOX Price
$7.41
1w %
18.75%
1y %
19.13%
5y %
N/A
P/E
-8.72x
P/B
2.65x
P/S
40.71x
PEG
N/A
Revenue
$10.68M
Earnings
-$49.70M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$433.65M
Next Earnings
N/A
Next Dividend
N/A

NNOX Fundamentals

WallStreetZen was built to help average investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on NNOX's stock page.

How is NNOX stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge NNOX's fair value.

Using relative valuations methods:

  • NNOX could be undervalued based on its P/B ratio of 2.65x, relative to Medical Devices industry P/B ratio of 4.03x

You can access more valuation research on NNOX's stock here.

NNOX Financial Health

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the NNOX balance sheet.
  • NNOX has $56.76M in cash and short term investments. This is sufficient to cover its annual cash burn of $40.84M.
  • NNOX has a low debt to equity ratio of 0.12.
  • There are more short-term assets than short-term liabilities on the NNOX balance sheet.
  • NNOX has cash burn of 40838000. It has enough cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • NNOX profit margin has gone up by 6.07 percentage points in the past year, but the company is still unprofitable.

Do Wall Street analysts think it's a good time to buy Nano X Imaging stock

Out of 1 sell side analysts who monitor NNOX, the consensus analyst rating on NNOX is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Nano X Imaging stock forecast page.

NNOX Momentum

SMA10
7.05
SMA20
6.55
SMA50
6.25
SMA100
6.52
SMA200
7.77
MACD
0.4
MACD Signal
0.26
MACD Histogram
0.14
RSI
58.67
Stochastic %K
58.82
Stochastic %D
70.56
StochRSI %K
52.18
StochRSI %D
69.87

Is NNOX Growing Revenue?

Last year, NNOX revenue was $10.68M. In the last 2 year, NNOX's revenue has grown by 17.39% per year. This was faster than the Medical Devices industry average of 10.39%.

Dive into NNOX's earnings and revenue performance here.

Latest Insiders Trades at NNOX

Over the past year, executives and large shareholders at NNOX have not bought or sold any shares.

Research more about who owns NNOX stock here.

Can I rely on NNOX as an income stream?

No, Nano X Imaging doesn't provide an income stream by paying out dividends.

What others are saying about NNOX

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your NNOX trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get key alerts regarding your NNOX position

Now that you own some NNOX stock, you'll want to keep up with your company.

Start a watchlist to get the latest updates about your NNOX stock.

NNOX Feed

How to Buy Stock in Nano X Imaging

To reiterate, here are the 6 steps you need to take to buy Nano X Imaging stock right now:

  1. Figure out where to buy Nano X Imaging stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Nano X Imaging stock
  5. Place your NNOX trade
  6. Get key alerts regarding your NNOX position

If you need a online brokerage, eToro is our favorite venue.

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If you want to get the latest scoop on your new investment in Nano X Imaging, add NNOX to your watchlist by clicking the button below.

NASDAQ: NNOX
$7.41-0.12 (-1.59%)
Updated Dec 12, 2024
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NASDAQ: NNOX
$7.41-0.12 (-1.59%)
Updated Dec 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nano X Imaging share?

As of Dec 12, 2024, it costs $7.41 to buy one share of Nano X Imaging stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.405 shares of NNOX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nano X Imaging stock?

According to 1 Wall Street analysts who monitor Nano X Imaging, their consensus recommendation is to buy Nano X Imaging stock.

What is the best way to buy Nano X Imaging stock?

One way to place an order for Nano X Imaging stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.