3D Systems Corp. (NYSE: DDD) on Monday, plunged -2.29% from the previous trading day, before settling in for the closing price of $3.06. Within the past 52 weeks, DDD’s price has moved between $1.72 and $6.85.
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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. The company achieved an average annual earnings per share of -76.96%. With a float of $128.45 million, this company’s outstanding shares have now reached $133.62 million.
In an organization with 1925 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 41.6%, operating margin of -25.57%, and the pretax margin is -77.47%.
3D Systems Corp. (DDD) Insider and Institutional Ownership
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of 3D Systems Corp. is 3.83%, while institutional ownership is 62.07%. 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
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.01 earnings per share (EPS) for the period topping the consensus outlook (set at -0.08) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -76.96% 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 -47.15% 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 2.42 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 0.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.67, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.15 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 1.76 million. That was inferior than the volume of 2.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 56.86%. Additionally, its Average True Range was 0.19.
During the past 100 days, 3D Systems Corp.’s (DDD) raw stochastic average was set at 42.62%, which indicates a significant decrease from 61.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.24% in the past 14 days, which was lower than the 82.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.56, while its 200-day Moving Average is $3.71. However, in the short run, 3D Systems Corp.’s stock first resistance to watch stands at $3.06. Second resistance stands at $3.13. The third major resistance level sits at $3.21. If the price goes on to break the first support level at $2.91, it is likely to go to the next support level at $2.82. The third support level lies at $2.75 if the price breaches the second support level.
3D Systems Corp. (NYSE: DDD) Key Stats
Market capitalization of the company is 399.37 million based on 133,434K outstanding shares. Right now, sales total 488,070 K and income totals -363,170 K. The company made 113,250 K in profit during its latest quarter, and -27,260 K in sales during its previous quarter.