Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Stratasys Ltd (NASDAQ: SSYS) was $10.55 for the day, down -1.45% from the previous closing price of $10.70. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 0.33 million shares were traded. SSYS stock price reached its highest trading level at $10.7694 during the session, while it also had its lowest trading level at $10.35.
Ratios:
Our analysis of SSYS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 3.02. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 $24.
On January 04, 2023, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SSYS now has a Market Capitalization of 899243840 and an Enterprise Value of 644586112. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 1.142 whereas that against EBITDA is -33.357.
Stock Price History:
The Beta on a monthly basis for SSYS is 1.53, which has changed by 0.28815627 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, SSYS has reached a high of $12.88, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is 4.41%, while the 200-Day Moving Average is calculated to be 12.71%.
Shares Statistics:
SSYS traded an average of 450.78K shares per day over the past three months and 395570 shares per day over the past ten days. A total of 72.39M shares are outstanding, with a floating share count of 52.73M. Insiders hold about 37.26% of the company’s shares, while institutions hold 48.58% stake in the company. Shares short for SSYS as of 1748563200 were 1380044 with a Short Ratio of 3.06, compared to 1745971200 on 1518439. Therefore, it implies a Short% of Shares Outstanding of 1380044 and a Short% of Float of 1.87.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
