Westmount Partners LLC Acquires 13,900 Shares of Nano-X Imaging Ltd. (NASDAQ:NNOX)

Westmount Partners LLC raised its holdings in Nano-X Imaging Ltd. (NASDAQ:NNOX) by 90.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 29,200 shares of the company’s stock after purchasing an additional 13,900 shares during the quarter. Westmount Partners LLC’s holdings in Nano-X Imaging were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new stake in shares of Nano-X Imaging during the 3rd quarter worth approximately $25,000. Verition Fund Management LLC bought a new stake in shares of Nano-X Imaging during the 3rd quarter worth approximately $88,000. Creative Planning bought a new stake in shares of Nano-X Imaging during the 3rd quarter worth approximately $107,000. Intech Investment Management LLC bought a new stake in shares of Nano-X Imaging during the 3rd quarter worth approximately $124,000. Finally, SG Americas Securities LLC bought a new stake in shares of Nano-X Imaging during the 3rd quarter worth approximately $124,000. Institutional investors own 21.49% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on NNOX shares. Cantor Fitzgerald increased their price objective on shares of Nano-X Imaging from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. D. Boral Capital initiated coverage on shares of Nano-X Imaging in a research report on Monday, January 6th. They issued a “buy” rating and a $23.00 price target for the company.

Nano-X Imaging Stock Down 9.7 %

NASDAQ:NNOX traded down $0.78 during trading hours on Monday, reaching $7.29. The company had a trading volume of 2,378,178 shares, compared to its average volume of 6,259,580. The firm has a market cap of $421.21 million, a price-to-earnings ratio of -8.58 and a beta of 1.97. The business’s 50-day simple moving average is $7.00 and its two-hundred day simple moving average is $6.87. Nano-X Imaging Ltd. has a twelve month low of $5.26 and a twelve month high of $14.28.

Nano-X Imaging Profile

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.