24,750 Shares in Nano-X Imaging Ltd. (NASDAQ:NNOX) Acquired by Wesbanco Bank Inc.

Wesbanco Bank Inc. acquired a new position in Nano-X Imaging Ltd. (NASDAQ:NNOX) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,750 shares of the company’s stock, valued at approximately $178,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. The Manufacturers Life Insurance Company grew its position in Nano-X Imaging by 14.8% during the second quarter. The Manufacturers Life Insurance Company now owns 20,210 shares of the company’s stock valued at $148,000 after acquiring an additional 2,600 shares during the last quarter. Tidal Investments LLC grew its position in Nano-X Imaging by 4.6% during the third quarter. Tidal Investments LLC now owns 64,387 shares of the company’s stock valued at $391,000 after acquiring an additional 2,846 shares during the last quarter. Farther Finance Advisors LLC bought a new position in Nano-X Imaging during the third quarter valued at approximately $25,000. SG Americas Securities LLC grew its position in Nano-X Imaging by 20.6% during the fourth quarter. SG Americas Securities LLC now owns 24,661 shares of the company’s stock valued at $178,000 after acquiring an additional 4,218 shares during the last quarter. Finally, Tempus Wealth Planning LLC grew its position in Nano-X Imaging by 3.6% during the third quarter. Tempus Wealth Planning LLC now owns 121,137 shares of the company’s stock valued at $737,000 after acquiring an additional 4,230 shares during the last quarter. 21.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Cantor Fitzgerald increased their price target 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 began coverage on Nano-X Imaging in a research note on Monday, January 6th. They set a “buy” rating and a $23.00 price objective for the company.

Nano-X Imaging Stock Performance

NASDAQ:NNOX opened at $8.24 on Friday. The firm has a market cap of $476.11 million, a PE ratio of -9.69 and a beta of 1.97. Nano-X Imaging Ltd. has a fifty-two week low of $5.26 and a fifty-two week high of $14.28. The business has a 50 day moving average price of $7.37 and a 200-day moving average price of $6.95.

Nano-X Imaging (NASDAQ:NNOX) last released its quarterly earnings data on Thursday, November 21st. The company reported ($0.23) earnings per share for the quarter. Nano-X Imaging had a negative net margin of 465.38% and a negative return on equity of 27.63%. During the same period in the previous year, the business posted ($0.37) EPS. Research analysts predict that Nano-X Imaging Ltd. will post -0.92 EPS for the current year.

Nano-X Imaging Company 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.