Weiss Ratings Reiterates Sell (D-) Rating for 3D Systems (NYSE:DDD)

3D Systems (NYSE:DDD - Get Free Report)'s stock had its "sell (d-)" rating reissued by analysts at Weiss Ratings in a report released on Thursday,Weiss Ratings reports.

DDD has been the subject of a number of other research reports. Needham & Company LLC reissued a "hold" rating on shares of 3D Systems in a report on Friday, March 28th. StockNews.com downgraded 3D Systems from a "hold" rating to a "sell" rating in a report on Friday, April 4th. Finally, Cantor Fitzgerald decreased their price target on 3D Systems from $5.75 to $5.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, 3D Systems currently has a consensus rating of "Hold" and a consensus target price of $3.67.

3D Systems Trading Down 3.7 %

Shares of DDD stock traded down $0.07 on Thursday, reaching $1.83. 1,942,343 shares of the stock were exchanged, compared to its average volume of 2,712,767. The firm has a 50 day moving average of $2.42 and a two-hundred day moving average of $3.10. The stock has a market cap of $248.05 million, a P/E ratio of -0.46 and a beta of 1.81. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.97. 3D Systems has a 1-year low of $1.71 and a 1-year high of $5.00.

Institutional Trading of 3D Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC acquired a new position in shares of 3D Systems in the 3rd quarter valued at approximately $31,000. Barclays PLC lifted its position in 3D Systems by 260.1% during the third quarter. Barclays PLC now owns 207,379 shares of the 3D printing company's stock worth $589,000 after acquiring an additional 149,793 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of 3D Systems by 1.3% during the third quarter. Geode Capital Management LLC now owns 3,007,031 shares of the 3D printing company's stock worth $8,541,000 after buying an additional 38,431 shares in the last quarter. Silverberg Bernstein Capital Management LLC boosted its stake in shares of 3D Systems by 8.2% in the fourth quarter. Silverberg Bernstein Capital Management LLC now owns 1,323,709 shares of the 3D printing company's stock valued at $4,342,000 after buying an additional 99,950 shares during the period. Finally, SG Americas Securities LLC lifted its position in 3D Systems by 19.5% during the fourth quarter. SG Americas Securities LLC now owns 54,530 shares of the 3D printing company's stock worth $179,000 after purchasing an additional 8,913 shares during the period. 64.49% of the stock is owned by institutional investors.

About 3D Systems

3D 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.