Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $4.40 in the prior trading day, 3D Systems Corp (NYSE: DDD) closed at $4.37, down -0.68%. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 1.93 million shares were traded. DDD stock price reached its highest trading level at $4.5999 during the session, while it also had its lowest trading level at $4.33.
Ratios:
Our goal is to gain a better understanding of DDD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.34 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.26.
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 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 592659392 and an Enterprise Value of 550616576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 1.211 whereas that against EBITDA is -8.14.
Stock Price History:
The Beta on a monthly basis for DDD is 1.61, which has changed by -0.19117647 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, DDD has reached a high of $5.75, while it has fallen to a 52-week low of $1.72. The 50-Day Moving Average of the stock is 24.98%, while the 200-Day Moving Average is calculated to be 34.67%.
Shares Statistics:
The stock has traded on average 3.10M shares per day over the past 3-months and 3491310 shares per day over the last 10 days, according to various share statistics. A total of 134.83M shares are outstanding, with a floating share count of 130.46M. Insiders hold about 3.81% of the company’s shares, while institutions hold 52.21% stake in the company. Shares short for DDD as of 1731628800 were 8476564 with a Short Ratio of 1.85, compared to 1728950400 on 11046231. Therefore, it implies a Short% of Shares Outstanding of 8476564 and a Short% of Float of 9.28.
