Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3D Systems Corp. (NYSE: DDD) closed the day trading at $3.66 down -0.81% from the previous closing price of $3.69. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1.58 million shares were traded. DDD stock price reached its highest trading level at $3.685 during the session, while it also had its lowest trading level at $3.56.
Ratios:
For a better understanding of DDD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.90.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 28 ’23 when ERICKSON THOMAS W bought 50,000 shares for $5.30 per share. The transaction valued at 265,000 led to the insider holds 257,294 shares of the business.
ERICKSON THOMAS W bought 50,000 shares of DDD for $228,400 on Nov 21 ’23. The Director now owns 207,294 shares after completing the transaction at $4.57 per share. On May 31 ’23, another insider, Puthenveetil Reji, who serves as the EVP, Industrial Solutions of the company, sold 18,434 shares for $8.00 each. As a result, the insider received 147,450 and left with 206,982 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DDD now has a Market Capitalization of 489045536 and an Enterprise Value of 549610112. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 1.126 whereas that against EBITDA is -8.208.
Stock Price History:
Over the past 52 weeks, DDD has reached a high of $11.09, while it has fallen to a 52-week low of $3.32. The 50-Day Moving Average of the stock is -10.32%, while the 200-Day Moving Average is calculated to be -28.54%.
Shares Statistics:
Over the past 3-months, DDD traded about 1.62M shares per day on average, while over the past 10 days, DDD traded about 1042110 shares per day. A total of 133.62M shares are outstanding, with a floating share count of 129.25M. Insiders hold about 3.13% of the company’s shares, while institutions hold 65.03% stake in the company. Shares short for DDD as of 1713139200 were 9522881 with a Short Ratio of 5.86, compared to 1710460800 on 9349920. Therefore, it implies a Short% of Shares Outstanding of 9522881 and a Short% of Float of 10.2.
