A new trading day began on Monday, with 3D Systems Corp. (NYSE: DDD) stock price down -7.14% from the previous day of trading, before settling in for the closing price of $3.08. DDD’s price has ranged from $2.93 to $8.36 over the past 52 weeks.
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A company in the Technology sector has dropped its sales by -6.26% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 50.56%. With a float of $129.31 million, this company’s outstanding shares have now reached $133.62 million.
3D Systems Corp. (DDD) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of 3D Systems Corp. is 3.09%, while institutional ownership is 64.80%. 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) Latest Financial update
In its latest quarterly report, released on 12/31/2023, the company reported earnings of -0.09 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 50.56% 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
Here are 3D Systems Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.78.
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 -0.01 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 1.7 million. That was inferior than the volume of 1.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.19%. Additionally, its Average True Range was 0.25.
During the past 100 days, 3D Systems Corp.’s (DDD) raw stochastic average was set at 1.39%, which indicates a significant decrease from 2.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.87% in the past 14 days, which was lower than the 63.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.59, while its 200-day Moving Average is $4.40. However, in the short run, 3D Systems Corp.’s stock first resistance to watch stands at $2.97. Second resistance stands at $3.08. The third major resistance level sits at $3.15. If the price goes on to break the first support level at $2.79, it is likely to go to the next support level at $2.72. The third support level lies at $2.61 if the price breaches the second support level.
3D Systems Corp. (NYSE: DDD) Key Stats
With a market capitalization of 381.61 million, the company has a total of 133,434K Shares Outstanding. Currently, annual sales are 488,070 K while annual income is -370,430 K. The company’s previous quarter sales were 114,850 K while its latest quarter income was -300,410 K.
