3D Systems Corp. (NYSE: DDD) on Tuesday, plunged -1.42% from the previous trading day, before settling in for the closing price of $3.51. Within the past 52 weeks, DDD’s price has moved between $3.32 and $11.09.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has dropped its sales by -6.26% annually for the last half of the decade. The company achieved an average annual earnings per share of 49.83%. With a float of $129.26 million, this company’s outstanding shares have now reached $133.62 million.
3D Systems Corp. (DDD) Insider Updates
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of 3D Systems Corp. is 3.13%, while institutional ownership is 64.19%. The most recent insider transaction that took place on Nov 28 ’23, was worth 265,000. In this transaction Director of this company bought 50,000 shares at a rate of $5.30, taking the stock ownership to the 257,294 shares. Before that another transaction happened on Nov 21 ’23, when Company’s Director bought 50,000 for $4.57, making the entire transaction worth $228,400. This insider now owns 207,294 shares in total.
3D Systems Corp. (DDD) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 49.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -47.73% drop over the previous five years of trading.
3D Systems Corp. (NYSE: DDD) Trading Performance Indicators
3D Systems Corp. (DDD) is currently performing well based on its current performance indicators. A quick ratio of 3.24 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.84, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of 3D Systems Corp. (DDD)
Let’s dig in a bit further. During the last 5-days, its volume was 1.3 million. That was inferior than the volume of 1.56 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.39%. Additionally, its Average True Range was 0.19.
During the past 100 days, 3D Systems Corp.’s (DDD) raw stochastic average was set at 5.95%, which indicates a significant decrease from 8.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.61% in the past 14 days, which was lower than the 66.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.74, while its 200-day Moving Average is $4.71. However, in the short run, 3D Systems Corp.’s stock first resistance to watch stands at $3.55. Second resistance stands at $3.63. The third major resistance level sits at $3.70. If the price goes on to break the first support level at $3.40, it is likely to go to the next support level at $3.33. Assuming the price breaks the second support level, the third support level stands at $3.25.
3D Systems Corp. (NYSE: DDD) Key Stats
Market capitalization of the company is 461.67 million based on 133,434K outstanding shares. Right now, sales total 488,070 K and income totals -370,430 K. The company made 114,850 K in profit during its latest quarter, and -300,410 K in sales during its previous quarter.
