Shares of 3D Systems Co. (NYSE:DDD - Get Free Report) have been given an average rating of "Hold" by the five analysts that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $3.67.
Several equities research analysts have commented on the stock. Cantor Fitzgerald dropped their price target on shares of 3D Systems from $5.75 to $5.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Weiss Ratings reiterated a "sell (d-)" rating on shares of 3D Systems in a research report on Saturday, May 10th. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a research report on Wednesday, May 14th. Finally, StockNews.com upgraded shares of 3D Systems from a "sell" rating to a "hold" rating in a research report on Wednesday.
Read Our Latest Report on 3D Systems
Institutional Trading of 3D Systems
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC acquired a new stake in 3D Systems during the 1st quarter worth about $205,000. NewEdge Advisors LLC grew its stake in 3D Systems by 5,139.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,151 shares of the 3D printing company's stock valued at $28,000 after acquiring an additional 12,900 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in 3D Systems during the 1st quarter valued at about $143,000. AQR Capital Management LLC purchased a new position in 3D Systems during the 1st quarter valued at about $205,000. Finally, Cubist Systematic Strategies LLC purchased a new position in 3D Systems during the 1st quarter valued at about $615,000. Institutional investors and hedge funds own 64.49% of the company's stock.
3D Systems Stock Performance
Shares of NYSE DDD traded down $0.11 during midday trading on Friday, reaching $1.63. 3,827,116 shares of the company traded hands, compared to its average volume of 2,887,960. 3D Systems has a 52 week low of $1.61 and a 52 week high of $5.00. The stock has a 50-day moving average price of $2.07 and a 200 day moving average price of $2.99. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.31 and a quick ratio of 2.34. The company has a market cap of $221.67 million, a price-to-earnings ratio of -0.41 and a beta of 1.94.
About 3D Systems
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Get Free Report3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.
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