Stratasys Ltd (NASDAQ: SSYS) on Friday, soared 3.29% from the previous trading day, before settling in for the closing price of $7.45. Within the past 52 weeks, SSYS’s price has moved between $6.05 and $14.93.
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Annual sales at Technology sector company slipped by -0.46% over the past five years. The company achieved an average annual earnings per share of -86.68%. With a float of $57.28 million, this company’s outstanding shares have now reached $69.66 million.
Let’s look at the performance matrix of the company that is accounted for 1980 employees. In terms of profitability, gross margin is 44.5%, operating margin of -14.25%, and the pretax margin is -14.25%.
Stratasys Ltd (SSYS) Insider Updates
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Stratasys Ltd is 18.68%, while institutional ownership is 52.18%.
Stratasys Ltd (SSYS) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.04 earnings per share (EPS) for the period topping the consensus outlook (set at 0.03) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -86.68% 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 -51.93% drop over the previous five years of trading.
Stratasys Ltd (NASDAQ: SSYS) Trading Performance Indicators
Stratasys Ltd (SSYS) is currently performing well based on its current performance indicators. A quick ratio of 1.99 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 0.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.64, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.31 in one year’s time.
Technical Analysis of Stratasys Ltd (SSYS)
Stratasys Ltd (NASDAQ: SSYS) saw its 5-day average volume 0.36 million, a negative change from its year-to-date volume of 0.48 million. As of the previous 9 days, the stock’s Stochastic %D was 53.88%. Additionally, its Average True Range was 0.29.
During the past 100 days, Stratasys Ltd’s (SSYS) raw stochastic average was set at 43.42%, which indicates a significant decrease from 46.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.03% in the past 14 days, which was lower than the 48.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.39, while its 200-day Moving Average is $9.81. Nevertheless, the first resistance level for the watch stands at $7.82 in the near term. At $7.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.11. If the price goes on to break the first support level at $7.53, it is likely to go to the next support level at $7.36. Assuming the price breaks the second support level, the third support level stands at $7.24.
Stratasys Ltd (NASDAQ: SSYS) Key Stats
Market capitalization of the company is 542.39 million based on 69,656K outstanding shares. Right now, sales total 627,600 K and income totals -123,070 K. The company made 138,040 K in profit during its latest quarter, and -25,740 K in sales during its previous quarter.
