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 price of 3D Systems Corp (NYSE: DDD) closed at $1.77 in the last session, up 7.93% from day before closing price of $1.64. In other words, the price has increased by $7.93 from its previous closing price. On the day, 2.88 million shares were traded. DDD stock price reached its highest trading level at $1.78 during the session, while it also had its lowest trading level at $1.64.
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 1.96 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.81.
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:
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 241450992 and an Enterprise Value of 361479808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 0.837 whereas that against EBITDA is -3.739.
Stock Price History:
The Beta on a monthly basis for DDD is 1.93, which has changed by -0.49137932 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, DDD has reached a high of $5.00, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is 1.34%, while the 200-Day Moving Average is calculated to be -35.87%.
Shares Statistics:
According to the various share statistics, DDD traded on average about 4.23M shares per day over the past 3-months and 3511930 shares per day over the past 10 days. A total of 135.36M shares are outstanding, with a floating share count of 130.85M. Insiders hold about 4.08% of the company’s shares, while institutions hold 48.70% stake in the company. Shares short for DDD as of 1749772800 were 12094422 with a Short Ratio of 2.86, compared to 1747267200 on 10424090. Therefore, it implies a Short% of Shares Outstanding of 12094422 and a Short% of Float of 9.32.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0