3D Systems Corporation (DDD) : Traders are bullish on 3D Systems Corporation (DDD) as it has outperformed the S&P 500 by a wide margin of 2.07% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.84%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 10.31% in the last 1 week, and is up 4.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
3D Systems Corporation (NYSE:DDD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.35 and $14.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.77, notching a gain of 3.58% for the day. The total traded volume was 3,811,826 . The stock had closed at $14.26 on the previous day.
The stock has recorded a 20-day Moving Average of 8.19% and the 50-Day Moving Average is 10.43%. 3D Systems Corporation is up 12.23% in the last 3-month period. Year-to-Date the stock performance stands at 69.97%.
3D Systems Corporation (DDD) : The most positive equity analysts on 3D Systems Corporation (DDD) expects the shares to touch $25, whereas, the least positive believes that the stock will trade at $9 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $13.64 with an expected fluctuation of $5.14 from the mean.
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.