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

Nano-X Imaging (NASDAQ:NNOX) is anticipated to release its earnings data before the market opens on Monday, March 31st. Analysts expect Nano-X Imaging to post earnings of ($0.15) per share and revenue of $3.80 million for the quarter.

Nano-X Imaging Trading Down 4.2 %

Shares of NNOX opened at $5.23 on Friday. Nano-X Imaging has a 1-year low of $5.06 and a 1-year high of $11.39. The firm has a market capitalization of $302.18 million, a price-to-earnings ratio of -6.15 and a beta of 1.99. The firm’s 50-day moving average price is $6.62 and its 200-day moving average price is $6.65.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NNOX. Cantor Fitzgerald upped their target price 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 reiterated a “buy” rating and issued a $23.00 price objective on shares of Nano-X Imaging in a report 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.