3D Systems Corporation (DDD) : 1 brokerage houses believe that 3D Systems Corporation (DDD) is a Strong Buy at current levels. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on 3D Systems Corporation (DDD). Zacks Investment Research suggests a Hold with a rank of 3. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 3.29.
3D Systems Corporation (DDD) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $25 and the lowest price target forecast is $9. The average forecast of all the analysts is $13.61 and the expected standard deviation is $5.01.
3D Systems Corporation (NYSE:DDD): The stock opened at $12.85 on Wednesday but the bulls could not build on the opening and the stock topped out at $13.36 for the day. The stock traded down to $12.64 during the day, due to lack of any buying support eventually closed down at $13.19 with a loss of -0.23% for the day. The stock had closed at $13.22 on the previous day. The total traded volume was 3,146,230 shares.
Also, FBR Capital initiates coverage on 3D Systems Corporation (NYSE:DDD). The current rating of the shares is Market Perform, according to the research report released by the firm. The rating by the firm was issued on May 24, 2016. The company shares have dropped -24.97% from its 1 Year high price. On Apr 14, 2016, the shares registered one year high at $19.76 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $13.06 and the 200 Day Moving Average price is recorded at $12.28.
3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (3D) printing centric solutions. It provides 3D design-to-manufacturing solutions, including 3D printers, print materials and cloud sourced custom parts. Its healthcare solutions include end-to-end simulation, training and planning and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. It also provides software and haptic and perceptual devices for design, including 3D digital design, scan-to-computer-aided design (CAD), scan-to-print, reverse engineering, inspection, sculpting and medical modeling and simulation applications. For its healthcare customers it also offers virtual surgical planning and medical modeling services, digitizing scanners and simulation products. The Company operates in the Americas, Europe, the Middle East and the Asia Pacific regions.