Trading Day Triumph: Stratasys Ltd (SSYS) Ends at 9.74, a -5.89 Surge/Plunge

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Stratasys Ltd (NASDAQ: SSYS) closed the day trading at $9.74 down -5.89% from the previous closing price of $10.35. In other words, the price has decreased by -$5.89 from its previous closing price. On the day, 1.24 million shares were traded.

Ratios:

For a better understanding of SSYS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 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 1.20 while its Price-to-Book (P/B) ratio in mrq is 0.88.

Stock Price History:

Over the past 52 weeks, SSYS has reached a high of $12.88, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is -4.61%, while the 200-Day Moving Average is calculated to be 10.85%.

Shares Statistics:

A total of 71.72M shares are outstanding, with a floating share count of 57.02M. Insiders hold about 19.05% of the company’s shares, while institutions hold 54.77% stake in the company.

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