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Why Shapeways Holdings Inc (SHPW) Stock Could See Much Higher Prices Ahead

Shapeways Holdings Inc (NASDAQ: SHPW) is -85.20% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $5.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHPW stock was last observed hovering at around $0.49 in the last trading session, with the day’s loss setting it -0.12%.

Currently trading at $0.37, the stock is -59.68% and -67.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.62 million and changing -24.12% at the moment leaves the stock -80.52% off its SMA200. SHPW registered -91.81% loss for a year compared to 6-month loss of -82.04%.

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The stock witnessed a -64.86% gain in the last 1 month and extending the period to 3 months gives it a -78.86%, and is -50.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 58.52% over the week and 23.78% over the month.

Shapeways Holdings Inc (SHPW) has around 220 employees, a market worth around $2.45M and $34.46M in sales. Profit margin for the company is -127.43%. Distance from 52-week low is 84.08% and -93.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-151.89%).

The EPS is expected to grow by 52.84% this year.

Shapeways Holdings Inc (SHPW) Top Institutional Holders

The shares outstanding are 6.60M, and float is at 3.44M with Short Float at 0.59%.

Shapeways Holdings Inc (SHPW) Insider Activity

The most recent transaction is an insider sale by Recchi Alberto,the company’sChief Financial Officer. SEC filings show that Recchi Alberto sold 3,188 shares of the company’s common stock on Mar 12 ’24 at a price of $1.86 per share for a total of $5930.0. Following the sale, the insider now owns 95728.0 shares.

Shapeways Holdings Inc disclosed in a document filed with the SEC on Mar 12 ’24 that Nied Joseph Andrew (Chief Operating Officer) sold a total of 1,128 shares of the company’s common stock. The trade occurred on Mar 12 ’24 and was made at $1.86 per share for $2098.0. Following the transaction, the insider now directly holds 49273.0 shares of the SHPW stock.

Still, SEC filings show that on Aug 30 ’23, Kress Greg (Chief Executive Officer) acquired 3,500 shares at an average price of $3.23 for $11304.0. The insider now directly holds 58,081 shares of Shapeways Holdings Inc (SHPW).

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