3D Systems Corp (NYSE: DDD) is -45.98% lower on its value in year-to-date trading and has touched a low of $1.72 and a high of $6.85 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 DDD stock was last observed hovering at around $3.40 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $3.43, the stock is 6.97% and 20.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing 0.88% at the moment leaves the stock -3.23% off its SMA200. DDD registered -18.14% loss for a year compared to 6-month loss of -9.74%. The firm has a 50-day simple moving average (SMA 50) of $2.8522 and a 200-day simple moving average (SMA200) of $3.5446.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 11.36% gain in the last 1 month and extending the period to 3 months gives it a 36.65%, and is -3.92% 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 7.46% over the week and 6.74% over the month.
3D Systems Corp (DDD) has around 1925 employees, a market worth around $458.16M and $454.80M in sales. Profit margin for the company is -78.14%. Distance from 52-week low is 99.42% and -49.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.11%).
The EPS is expected to shrink by -76.96% this year
299.0 institutions hold shares in 3D Systems Corp (DDD), with institutional investors hold 61.60% of the company’s shares. The shares outstanding are 133.62M, and float is at 128.45M with Short Float at 7.31%. Institutions hold 59.81% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 22.22 million shares valued at $68.21 million. The investor’s holdings represent 17.0095 of the DDD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.81 million shares valued at $36.25 million to account for 9.0393 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.7 million shares representing 5.8924 and valued at over $23.63 million, while EXCHANGE TRADED CONCEPTS, LLC holds 2.4192 of the shares totaling 3.16 million with a market value of $9.7 million.
3D Systems Corp (DDD) Insider Activity
The most recent transaction is an insider purchase by ERICKSON THOMAS W, the company’s Director. SEC filings show that ERICKSON THOMAS W bought 50,000 shares of the company’s common stock on Nov 28 ’23 at a price of $5.30 per share for a total of $0.27 million. Following the purchase, the insider now owns 0.26 million shares.
3D Systems Corp disclosed in a document filed with the SEC on Nov 21 ’23 that ERICKSON THOMAS W (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Nov 21 ’23 and was made at $4.57 per share for $0.23 million. Following the transaction, the insider now directly holds 0.21 million shares of the DDD stock.
