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.
As of close of business last night, Stratasys Ltd’s stock clocked out at $11.52, down -3.36% from its previous closing price of $11.92. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 0.5 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 0.99.
Stock Price History:
Over the past 52 weeks, SSYS has reached a high of $13.12, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is 14.03%, while the 200-Day Moving Average is calculated to be 31.86%.
Shares Statistics:
A total of 71.39M shares are outstanding, with a floating share count of 56.97M. Insiders hold about 19.12% of the company’s shares, while institutions hold 54.74% stake in the company.