Shares of Stratasys Ltd. (NASDAQ:SSYS – Get Rating) gapped up before the market opened on Friday . The stock had previously closed at $14.01, but opened at $15.42. Stratasys shares last traded at $15.24, with a volume of 303,445 shares traded.
Wall Street Analysts Forecast Growth
SSYS has been the subject of several recent analyst reports. StockNews.com raised Stratasys from a “hold” rating to a “buy” rating in a research note on Friday, February 10th. Lake Street Capital raised their target price on Stratasys from $20.00 to $22.00 in a research note on Friday, March 3rd. Needham & Company LLC reissued a “buy” rating and set a $15.00 target price on shares of Stratasys in a research note on Friday, March 3rd. Finally, Craig Hallum dropped their price objective on Stratasys to $21.00 in a research note on Wednesday, November 16th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $21.00.
Stratasys Stock Up 9.1 %
The stock has a market capitalization of $1.03 billion, a PE ratio of -33.96 and a beta of 1.35. The stock has a fifty day moving average of $13.80 and a 200-day moving average of $14.04.
Institutional Inflows and Outflows
Stratasys Ltd. engages in the provision of applied additive technology solutions for industries including aerospace, automotive, healthcare, consumer products, and education. Its systems include desktop 3D printers for idea and design development, various systems for rapid prototyping and large production systems for direct digital manufacturing.
- Get a free copy of the StockNews.com research report on Stratasys (SSYS)
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