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.
As of close of business last night, Stratasys Ltd’s stock clocked out at $12.52, up 0.56% from its previous closing price of $12.45. In other words, the price has increased by $0.56 from its previous closing price. On the day, 0.74 million shares were traded. SSYS stock price reached its highest trading level at $12.575 during the session, while it also had its lowest trading level at $12.21.
Ratios:
To gain a deeper understanding of SSYS’s stock, we examine its different ratios. 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 893740224 and an Enterprise Value of 463685472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 1.07. 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 1.28, which has changed by -0.07089549 over the last 52 weeks, in comparison to a change of 0.208081 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 30.10%, while the 200-Day Moving Average is calculated to be 45.04%.
Shares Statistics:
It appears that SSYS traded 752.34K shares on average per day over the past three months and 1152800 shares per day over the past ten 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 54.15% stake in the company. Shares short for SSYS as of 1730332800 were 1554268 with a Short Ratio of 0.97, compared to 1727654400 on 1879353. Therefore, it implies a Short% of Shares Outstanding of 1554268 and a Short% of Float of 5.56.
