voxeljet AG provides three-dimensional (3D) printers and on-demand parts services to industrial and commercial customers in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates in two segments, Systems and Services. The Systems segment develops, manufactures, and sells 3D printers. This segment also offers consumables, including particulate materials and proprietary chemical binding agents, maintenance contracts, extended warranty contracts, and spare parts. The Services segment prints on-demand parts for its customers, as well as creates parts, molds, cores, and models using 3D computer-aided design at its service center; and provides casting services. It serves automotive, aerospace, art and architecture, engineering, and consumer product end markets; foundries and suppliers; and universities and research institutes through its direct sales force and a network of sales agents. The company was formerly known as Voxeljet Technology GmbH and changed its name to voxeljet AG in January 2004. voxeljet AG was founded in 1999 and is headquartered in Friedberg, Germany.
voxeljet Price Performance
Shares of NYSE:VJET traded down $0.25 during midday trading on Friday, reaching $5.75. The company's stock had a trading volume of 120,851 shares, compared to its average volume of 24,847. The stock has a 50 day moving average of $4.01. voxeljet has a fifty-two week low of $3.11 and a fifty-two week high of $10.00.
voxeljet (NYSE:VJET - Get Rating) last issued its earnings results on Thursday, May 19th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $5.21 million during the quarter.
Analysts Set New Price Targets
A number of equities research analysts have commented on VJET shares. StockNews.com initiated coverage on voxeljet in a research report on Tuesday. They issued a "hold" rating on the stock. Alliance Global Partners lowered their price target on shares of voxeljet from $15.00 to $9.00 in a report on Friday, May 20th.