The past week has been quite a good time for investors in Nano Dimension (NASDAQ:NNDM) as the company’s stock enjoyed a strong rally and ended up with gains of as much as 15%. Considering the steady gains made by the stock, it may now be a good time for investors to take a greater interest in the company.
Trading Data
On Wednesday, NNDM stock fell 1.84% to $3.73 with more than 7.14 million shares, compared to its average volume of 6.92 million shares. . The stock has moved within a range of $3.6500 – 3.9200 after opening trade at $3.89.
Nano Dimension’s (NNDM) Global Inkjet Systems to Present at In Print Munich 2022
As it happens, the printing technologies industry leader was actually in the news after it announced that its Global Inkjet Systems Division was going to make a presentation at an industry event.
The event in question is InPrint Munich and it is going to be held from March 15 to March 17 this year. At the event, the company is going to be responsible for presenting the print application capabilities that it has developed recently.
It goes without saying that showcasing its technology at the event could well be a major boost for Nano Dimension and it remains to be seen if the stock manages to clock further gains in light of the latest announcement. At this point in time, it may be a good idea from investors to add the stock to their watch lists.
Key Quote
“We are delighted to once again be able to attend a face-to-face event and are excited for the opportunity to connect with OEMs and system integrators to discuss the value propositions of our latest product offerings,” said Debbie Thorp, Business Development Director, GIS. To find out more, visit Stand A4 2664 at InPrint Munich 2022.
Technical Data
NNDM stock is below the 20-Day and 50-Day Moving averages of $3.80 and $4 respectively. Moreover, the below is trading below the 200-Day moving average of $5.87.
