Materialise (NASDAQ:MTLS) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Materialise NV (NASDAQ:MTLS)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.62 and traded as high as $5.67. Materialise shares last traded at $5.65, with a volume of 81,349 shares.

Wall Street Analysts Forecast Growth

MTLS has been the subject of several recent analyst reports. Zacks Research cut Materialise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Materialise from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Materialise in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Materialise Price Performance

The company has a market capitalization of $318.39 million, a P/E ratio of 67.38 and a beta of 1.12. The company’s fifty day moving average price is $5.61 and its 200 day moving average price is $5.63. The company has a quick ratio of 2.20, a current ratio of 2.37 and a debt-to-equity ratio of 0.20.

Hedge Funds Weigh In On Materialise

Several large investors have recently bought and sold shares of the stock. GAMMA Investing LLC grew its stake in Materialise by 123.8% in the 4th quarter. GAMMA Investing LLC now owns 9,869 shares of the software maker’s stock valued at $55,000 after buying an additional 5,459 shares in the last quarter. Teton Advisors LLC purchased a new position in Materialise during the 3rd quarter valued at $56,000. Candriam S.C.A. purchased a new position in shares of Materialise during the 2nd quarter worth approximately $57,000. Osaic Holdings Inc. boosted its holdings in shares of Materialise by 1,453.3% during the 2nd quarter. Osaic Holdings Inc. now owns 11,650 shares of the software maker’s stock valued at $66,000 after buying an additional 10,900 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in shares of Materialise by 209.4% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 13,092 shares of the software maker’s stock valued at $73,000 after purchasing an additional 8,861 shares during the last quarter. 19.30% of the stock is currently owned by institutional investors.

Materialise Company Profile

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.