3D Systems (NYSE:DDD) Receives "Sell (D-)" Rating from Weiss Ratings

Key Points

• 3D Systems received a "sell (D-)" rating from Weiss Ratings, which may indicate potential concerns about its stock performance.
• While Weiss Ratings has a negative outlook, other analysts have shown more optimism, with Zacks upgrading the stock to a "strong-buy" and Wall Street Zen changing its rating from "sell" to "hold".
• The company's stock has seen significant movement, closing at $3.22 recently, with a 12-month price range between $1.32 and $5.00.

3D Systems (NYSE:DDD - Get Free Report)'s stock had its "sell (d-)" rating reissued by Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

A number of other research analysts have also recently weighed in on the stock. Zacks Research upgraded shares of 3D Systems from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 15th. Wall Street Zen upgraded shares of 3D Systems from a "sell" rating to a "hold" rating in a research report on Saturday, August 16th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $5.00.

3D Systems Price Performance

DDD traded up $0.14 during trading hours on Friday, hitting $3.22. The company's stock had a trading volume of 1,866,837 shares, compared to its average volume of 3,771,108. The company has a current ratio of 2.76, a quick ratio of 1.82 and a debt-to-equity ratio of 0.51. 3D Systems has a 12 month low of $1.32 and a 12 month high of $5.00. The stock has a market cap of $413.48 million, a price-to-earnings ratio of -2.45 and a beta of 2.11. The business's 50-day moving average price is $2.62 and its 200-day moving average price is $2.07.

Institutional Trading of 3D Systems

A number of large investors have recently made changes to their positions in DDD. Ledgewood Wealth Advisors LLC lifted its stake in 3D Systems by 2.8% in the third quarter. Ledgewood Wealth Advisors LLC now owns 240,300 shares of the 3D printing company's stock worth $697,000 after acquiring an additional 6,500 shares during the period. SG Americas Securities LLC lifted its stake in 3D Systems by 138.1% in the third quarter. SG Americas Securities LLC now owns 109,886 shares of the 3D printing company's stock worth $319,000 after acquiring an additional 63,741 shares during the period. Founders Financial Securities LLC purchased a new stake in 3D Systems in the third quarter worth about $50,000. Vontobel Holding Ltd. lifted its stake in 3D Systems by 73.4% in the third quarter. Vontobel Holding Ltd. now owns 60,250 shares of the 3D printing company's stock worth $175,000 after acquiring an additional 25,500 shares during the period. Finally, Silverberg Bernstein Capital Management LLC lifted its stake in 3D Systems by 14.6% in the third quarter. Silverberg Bernstein Capital Management LLC now owns 2,338,970 shares of the 3D printing company's stock worth $6,783,000 after acquiring an additional 298,310 shares during the period. 64.49% of the stock is owned by hedge funds and other institutional investors.

3D Systems Company Profile

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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