(VIANEWS) – 3D Systems’ (NYSE:DDD) shares gained 14.22% to EUR5.30 during Friday’s trading session, following three consecutive losses. This rise contributed to an overall positive trend as the NYSE index gained by 0.39% and reached EUR15,970.44.
DDD’s share price has recently seen an unexpected upward swing, taking it 63.38% below its 52-week high of EUR12.67. DDD had previously experienced an increasing downward trajectory until this recent jolt might indicate a turn around in fortune.
Be wary, however, as past performance does not guarantee future returns. Before making investment decisions based solely on past performance, investors must carefully examine factors like company financials, industry trends and overall market conditions before making their choice.
About 3D Systems
3D Systems Corporation is an industry leader when it comes to 3D printing and digital manufacturing solutions worldwide. Offering stereolithography, selective laser sintering, direct metal printing, multi jet printing and more technologies as part of its portfolio of 3D printers and technologies. These technologies transform digital data inputs into printed parts, and the company also offers various printing materials such as plastic, nylon, metal and biocompatible materials for production. 3D Systems offers digital design tools, software, and services for product design, simulation, reverse engineering and more. 3D Systems serves a wide range of industries, including healthcare, dental care, automotive, aerospace and biotechnology through direct sales, channel partners and appointed distributors. Established in 1986 and located in Rock Hill South Carolina.
Yearly Analysis
Based on available information, 3D Systems’s stock is currently trading at EUR5.30; significantly below its 52-week high of EUR12.67 but higher than its 52-week low of EUR3.50.
Sales growth forecast for 2019 indicates a negative percentage increase of 7.1% followed by an upward trajectory of 1.7% the next year.
3D Systems’s EBITDA stands at 1.45, signifying positive operating profits at the company.
Overall, although negative sales growth should be cause for alarm, positive EBITDA indicates that profits are still being generated. Investors should carefully review this information and conduct further investigation before making any investment decisions.
Technical Analysis
Recently, 3D Systems’ stock has shown strong performance with its value currently above its 50-day moving average of EUR4.38; however, its 200-day moving average of EUR7.95 indicates room for long-term expansion.
Today’s volume of 3D Systems stock trade is notable; 3776712 shares were exchanged, which was 42.08% higher than its average daily volume of 2657980. This suggests an increased level of activity and interest.
Regarding volatility, this stock has shown a negative 2.15% variation over the last week, positive 0.31% over last month, and positive 3.83% variation over last quarter – the highest average volatility since January being 3.83% indicating its stability over recent months.
Based on the stochastic oscillator, which measures overbought and oversold conditions, 3D Systems’ stock appears to be overbought (>=80), suggesting it may soon experience a correction.
Overall, 3D Systems’ stock appears to be performing admirably with positive indicators for long-term growth; however, investors should remain wary of potential short-term corrections due to its overbought status.
Quarter Analysis
Based on available data, 3D Systems’ current sales growth stands at negative 4.7% for this quarter and negative 6.5% for next. 3D Systems estimates 83.3% growth this quarter and 66.7 for next. Meanwhile, year-on-year quarterly revenue growth has decreased 6.4% with current twelve month revenue totalling 505.95M.
Investors must remain cautious regarding negative sales growth and declining revenue projections, although estimates for future growth estimates seem optimistic. It’s essential that investors keep tabs on company performance over the upcoming quarters as any factors could potentially alter or inhibit sales growth positively or negatively; additionally, investors should keep an eye on overall market conditions as well as its competitive standing within its industry sector.
Equity Analysis
Based on the provided data, 3D Systems currently boasts an EPS of EUR-0.73, suggesting negative earnings per share and may not be capable of offering return to shareholders via dividends or stock price appreciation.
Additionally, the company’s Return on Equity (ROE) for the twelve trailing months stands at negative -13.33% indicating it is not producing profits relative to shareholders’ equity investment in it. A negative ROE can be an indicator for investors that an organization may be misusing assets effectively in order to generate profits.
Overall, 3D Systems may not represent an attractive investment opportunity at this time; investors may wish to investigate other companies with stronger financial performance before making any definitive investment decisions.
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