Shares of 3D Systems Co. (NYSE:DDD) were up 7.2% on Thursday . The stock traded as high as $10.30 and last traded at $10.30. Approximately 2,772,600 shares were traded during mid-day trading, an increase of 49% from the average daily volume of 1,861,438 shares. The stock had previously closed at $9.61.

Several analysts have recently weighed in on DDD shares. Vetr cut shares of 3D Systems from a “strong-buy” rating to a “buy” rating and set a $11.00 price target for the company. in a research note on Thursday. Loop Capital reissued a “hold” rating and issued a $10.00 price target on shares of 3D Systems in a research note on Wednesday, November 1st. Stifel Nicolaus reissued a “hold” rating and issued a $11.00 price target (down previously from $15.00) on shares of 3D Systems in a research note on Wednesday, November 1st. KeyCorp reissued a “hold” rating on shares of 3D Systems in a research note on Friday, October 6th. Finally, Zacks Investment Research raised shares of 3D Systems from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Six investment analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $12.58.

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.63 and a quick ratio of 1.94. The firm has a market capitalization of $1,172.78, a PE ratio of -24.33 and a beta of 1.47.

3D Systems (NYSE:DDD) last posted its quarterly earnings data on Tuesday, October 31st. The 3D printing company reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.25). The company had revenue of $152.90 million for the quarter, compared to analysts’ expectations of $162.22 million. 3D Systems had a negative return on equity of 5.85% and a negative net margin of 8.01%. The business’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 EPS. research analysts anticipate that 3D Systems Co. will post -0.3 EPS for the current year.

In related news, Director G Walter Loewenbaum II acquired 40,500 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was purchased at an average price of $8.94 per share, with a total value of $362,070.00. Following the transaction, the director now owns 1,053,707 shares of the company’s stock, valued at approximately $9,420,140.58. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have purchased a total of 47,930 shares of company stock valued at $428,048 in the last ninety days. 5.00% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in 3D Systems by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,779 shares of the 3D printing company’s stock valued at $295,000 after buying an additional 75 shares during the period. Stifel Financial Corp boosted its position in 3D Systems by 2.4% in the 2nd quarter. Stifel Financial Corp now owns 19,558 shares of the 3D printing company’s stock valued at $367,000 after buying an additional 459 shares during the period. Amalgamated Bank boosted its position in 3D Systems by 6.5% in the 2nd quarter. Amalgamated Bank now owns 15,694 shares of the 3D printing company’s stock valued at $293,000 after buying an additional 956 shares during the period. PDT Partners LLC boosted its position in 3D Systems by 0.3% in the 2nd quarter. PDT Partners LLC now owns 394,782 shares of the 3D printing company’s stock valued at $7,382,000 after buying an additional 1,351 shares during the period. Finally, Prudential Financial Inc. boosted its position in 3D Systems by 2.2% in the 2nd quarter. Prudential Financial Inc. now owns 72,872 shares of the 3D printing company’s stock valued at $1,363,000 after buying an additional 1,550 shares during the period. 60.35% of the stock is owned by institutional investors.

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About 3D Systems

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.

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