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Bell Potter Maintains Their Hold Rating on Nanosonics Limited (NNCSF)

The company’s shares closed last Tuesday at $2.45, close to its 52-week low of $2.32.

According to TipRanks.com, Hester is a 1-star analyst with an average return of -11.4% and a 16.7% success rate. Hester covers the Healthcare sector, focusing on stocks such as Paradigm Biopharmaceuticals Ltd., Pro Medicus Limited, and Mesoblast Limited.

Nanosonics Limited has an analyst consensus of Hold, with a price target consensus of $3.32.

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The company has a one-year high of $5.16 and a one-year low of $2.32. Currently, Nanosonics Limited has an average volume of 158.

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Nanosonics Ltd is an Australia based healthcare equipment manufacturing company. It manufactures and distributes the trophon EPR ultrasound probe disinfector, which reduces the risk of ultrasound-related cross-infection. It also manufactures the associated consumables and accessories such as the trophon wall mount, trophon printer, trophon cart, trophon curved probe positioner and others. In addition, the company manufactures and commercializes infection control and decontamination products and services and related technologies. The entity operates in Australia and other countries, of which key revenue is derived from North America.

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