Large Outflow of Money Witnessed in 3D Systems Corporation

3D Systems Corporation (DDD) : The total money flow in 3D Systems Corporation (DDD) was negative ($1.89 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $7.31 million. In comparison, the inflow of money into the stock on upticks was $5.43 million. The uptick to downtick ratio was 0.74. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.63 million. The negative money flow of ($1.63 million) confirms the selling in 3D Systems Corporation (DDD) on strength. 3D Systems Corporation (DDD) gained $0.36 at $17.5, a gain of 2.1% over the previous days close. However, the stock registered 6.71% in the week.

3D

Shares of 3D Systems Corporation rose by 7.72% in the last five trading days and 10.4% for the last 4 weeks. 3D Systems Corporation is up 37.66% in the last 3-month period. Year-to-Date the stock performance stands at 104.03%.

3D Systems Corporation (DDD) has an average broker rating of 3.33, which is interpreted as a Hold, as rated by 12 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

3D Systems Corporation (NYSE:DDD): The stock opened at $17.32 and touched an intraday high of $17.7557 on Wednesday. During the day, the stock corrected to an intraday low of $17.26, however, the bulls stepped in and pushed the price higher to close in the green at $17.73 with a gain of 3.44% for the day. The total traded volume for the day was 2,672,071. The stock had closed at $17.14 in the previous trading session.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.