A new trading day began on Monday, with 3D Systems Corp. (NYSE: DDD) stock price up 13.84% from the previous day of trading, before settling in for the closing price of $2.89. DDD’s price has ranged from $1.72 to $6.85 over the past 52 weeks.
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During the last 5-year period, the sales drop of Technology Sector giant was -6.26%. Meanwhile, its annual earnings per share averaged -76.96%. With a float of $128.45 million, this company’s outstanding shares have now reached $133.62 million.
Let’s determine the extent of company efficiency that accounts for 1925 employees. 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 Activity
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 3.83%, while institutional ownership is 62.01%. 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) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.01 per share, which was $0.1 higher 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 -0.05 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
Here are 3D Systems Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97.
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)
Looking closely at 3D Systems Corp. (NYSE: DDD), its last 5-days average volume was 1.95 million, which is a drop from its year-to-date volume of 2.21 million. As of the previous 9 days, the stock’s Stochastic %D was 39.14%. Additionally, its Average True Range was 0.20.
During the past 100 days, 3D Systems Corp.’s (DDD) raw stochastic average was set at 52.68%, which indicates a significant decrease from 86.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.10% in the past 14 days, which was lower than the 80.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.62, while its 200-day Moving Average is $3.64. However, in the short run, 3D Systems Corp.’s stock first resistance to watch stands at $3.47. Second resistance stands at $3.65. The third major resistance level sits at $3.93. If the price goes on to break the first support level at $3.01, it is likely to go to the next support level at $2.73. Should the price break the second support level, the third support level stands at $2.55.
3D Systems Corp. (NYSE: DDD) Key Stats
With a market capitalization of 439.45 million, the company has a total of 133,434K Shares Outstanding. Currently, annual sales are 488,070 K while annual income is -363,170 K. The company’s previous quarter sales were 113,250 K while its latest quarter income was -27,260 K.
