Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Stratasys Ltd (NASDAQ: SSYS) closed at $11.64 in the last session, down -3.48% from day before closing price of $12.06. In other words, the price has decreased by -$3.48 from its previous closing price. On the day, 0.53 million shares were traded. SSYS stock price reached its highest trading level at $12.05 during the session, while it also had its lowest trading level at $11.56.
Ratios:
We take a closer look at SSYS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 3.07. 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 830921408 and an Enterprise Value of 463685472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 0.772 whereas that against EBITDA is -19.56.
Stock Price History:
The Beta on a monthly basis for SSYS is 1.30, which has changed by -0.11648351 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, SSYS has reached a high of $13.98, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is 18.35%, while the 200-Day Moving Average is calculated to be 34.14%.
Shares Statistics:
According to the various share statistics, SSYS traded on average about 767.99K shares per day over the past 3-months and 1263310 shares per day over the past 10 days. A total of 71.39M shares are outstanding, with a floating share count of 57.02M. Insiders hold about 19.05% of the company’s shares, while institutions hold 52.83% stake in the company. Shares short for SSYS as of 1730332800 were 1554268 with a Short Ratio of 0.95, compared to 1727654400 on 1879353. Therefore, it implies a Short% of Shares Outstanding of 1554268 and a Short% of Float of 5.56.
