Shares of Stratasys Ltd (NASDAQ:SSYS) have been given a consensus rating of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $32.00.
Several research firms recently commented on SSYS. BidaskClub upgraded shares of Stratasys from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. William Blair reiterated a “sell” rating on shares of Stratasys in a research report on Monday, October 21st. Finally, ValuEngine upgraded shares of Stratasys from a “sell” rating to a “hold” rating in a research report on Monday, November 4th.
Several institutional investors have recently added to or reduced their stakes in SSYS. Tower Research Capital LLC TRC purchased a new stake in shares of Stratasys in the 3rd quarter worth about $33,000. Stonebridge Capital Advisors LLC acquired a new position in Stratasys in the 2nd quarter valued at about $56,000. Aperio Group LLC acquired a new position in Stratasys in the 2nd quarter valued at about $125,000. Panagora Asset Management Inc. acquired a new position in Stratasys in the 2nd quarter valued at about $125,000. Finally, CSat Investment Advisory L.P. acquired a new position in Stratasys in the 2nd quarter valued at about $136,000. Institutional investors and hedge funds own 83.05% of the company’s stock.
Shares of Stratasys stock traded down $0.35 on Monday, hitting $20.69. The company’s stock had a trading volume of 49,332 shares, compared to its average volume of 544,365. Stratasys has a 52-week low of $17.06 and a 52-week high of $30.60. The company has a quick ratio of 3.02, a current ratio of 3.85 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average price of $20.73 and a 200-day moving average price of $23.71. The company has a market capitalization of $1.15 billion, a P/E ratio of 89.96, a price-to-earnings-growth ratio of 3.08 and a beta of 1.98.
Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content.
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