The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of 3D Systems Corp (NYSE: DDD) closed at $4.10 in the last session, down -6.82% from day before closing price of $4.40. In other words, the price has decreased by -$6.82 from its previous closing price. On the day, 2.6 million shares were traded.
Ratios:
We take a closer look at DDD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.34 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on February 13, 2024, initiated with a Overweight rating and assigned the stock a target price of $8.50.
On August 17, 2022, Credit Suisse started tracking the stock assigning a Underperform rating and target price of $8.
Lake Street reiterated its Buy rating for the stock on March 01, 2022, while the target price for the stock was revised from $36 to $29.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 17 ’24 when GRAVES JEFFREY A bought 60,000 shares for $3.85 per share. The transaction valued at 231,000 led to the insider holds 1,091,782 shares of the business.
HULL CHARLES W sold 115,971 shares of DDD for $447,648 on Dec 17 ’24. The EVP & Chief Technology Officer now owns 331,955 shares after completing the transaction at $3.86 per share. On Dec 17 ’24, another insider, HULL CHARLES W, who serves as the Director of the company, bought 115,971 shares for $3.96 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 2.54.
Stock Price History:
Over the past 52 weeks, DDD has reached a high of $5.34, while it has fallen to a 52-week low of $1.72. The 50-Day Moving Average of the stock is 10.03%, while the 200-Day Moving Average is calculated to be 25.00%.
Shares Statistics:
A total of 134.83M shares are outstanding, with a floating share count of 130.58M. Insiders hold about 3.72% of the company’s shares, while institutions hold 53.89% stake in the company.
