Weiss Ratings restated their sell (d-) rating on shares of 3D Systems (NYSE:DDD - Free Report) in a research report report published on Saturday,Weiss Ratings reports.
A number of other equities analysts have also weighed in on DDD. StockNews.com upgraded 3D Systems from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a research report on Friday, March 28th. 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 report on Friday, March 28th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $3.67.
View Our Latest Stock Report on 3D Systems
3D Systems Price Performance
NYSE:DDD traded down $0.08 during mid-day trading on Friday, reaching $1.68. 2,731,348 shares of the stock were exchanged, compared to its average volume of 2,830,704. The business has a fifty day moving average price of $2.17 and a 200 day moving average price of $3.04. The firm has a market capitalization of $227.04 million, a PE ratio of -0.42 and a beta of 1.94. 3D Systems has a 1-year low of $1.68 and a 1-year high of $5.00. The company has a current ratio of 3.31, a quick ratio of 2.34 and a debt-to-equity ratio of 0.97.
Institutional Investors Weigh In On 3D Systems
A number of institutional investors have recently bought and sold shares of DDD. Nuveen LLC acquired a new stake in 3D Systems during the 1st quarter worth about $3,528,000. Icon Advisers Inc. Co. acquired a new stake in 3D Systems during the 4th quarter worth about $5,248,000. Penn Capital Management Company LLC acquired a new stake in 3D Systems during the 4th quarter worth about $5,214,000. Two Sigma Advisers LP boosted its position in 3D Systems by 553.9% during the 4th quarter. Two Sigma Advisers LP now owns 1,436,600 shares of the 3D printing company's stock worth $4,712,000 after acquiring an additional 1,216,900 shares during the period. Finally, Two Sigma Investments LP boosted its position in 3D Systems by 172.2% during the 4th quarter. Two Sigma Investments LP now owns 1,492,071 shares of the 3D printing company's stock worth $4,894,000 after acquiring an additional 944,010 shares during the period. 64.49% of the stock is currently owned by institutional investors and hedge funds.
3D Systems Company Profile
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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.
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