Stratasys Ltd. (SSYS) : Traders are bullish on Stratasys Ltd. (SSYS) as it has outperformed the S&P 500 by a wide margin of 10.31% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.58%, 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 5.88% in the last 1 week, and is up 10.08% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 8.72% and the fifty day Moving Average is 7.03%. Stratasys Ltd. is up 3.55% in the last three month period. Year-to-Date the stock performance stands at -1.83%.
Stratasys Ltd. (SSYS) : The consensus price target for Stratasys Ltd. (SSYS) is $24.38 for the short term with a standard deviation of $3.78. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $30, however, the pessimist price target for the company is $19.
Stratasys Ltd. (NASDAQ:SSYS): On Fridays trading session , Opening price of the stock was $23.33 with an intraday high of $23.88. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $22.87. However, the stock managed to close at $23.05, a loss of 0.60% for the day. On the previous day, the stock had closed at $23.19. The total traded volume of the day was 768,807 shares.