3D Systems’ (DDD) Sell (D-) Rating Reaffirmed at Weiss Ratings

3D Systems (NYSE:DDD)‘s stock had its “sell (d-)” rating reiterated by analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

DDD has been the topic of several other reports. Needham & Company LLC reissued a “hold” rating on shares of 3D Systems in a research report on Wednesday, May 14th. Wall Street Zen raised shares of 3D Systems from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. Finally, Zacks Research raised shares of 3D Systems to a “hold” rating in a research report on Tuesday, August 12th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, 3D Systems currently has a consensus rating of “Hold” and a consensus price target of $3.67.

3D Systems Stock Down 4.3%

DDD stock opened at $2.31 on Friday. 3D Systems has a 12 month low of $1.32 and a 12 month high of $5.00. The firm has a market cap of $295.74 million, a PE ratio of -1.76 and a beta of 1.92. The firm has a 50 day simple moving average of $1.82 and a 200 day simple moving average of $2.15. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.76 and a quick ratio of 1.82.

Institutional Trading of 3D Systems

Several institutional investors have recently made changes to their positions in the stock. Bridgeway Capital Management LLC acquired a new stake in shares of 3D Systems during the second quarter worth approximately $110,000. Brevan Howard Capital Management LP acquired a new stake in shares of 3D Systems during the second quarter worth approximately $58,000. Bank of America Corp DE boosted its holdings in shares of 3D Systems by 2.0% during the second quarter. Bank of America Corp DE now owns 659,635 shares of the 3D printing company’s stock worth $1,016,000 after purchasing an additional 13,236 shares during the period. Sei Investments Co. boosted its holdings in shares of 3D Systems by 721.0% during the second quarter. Sei Investments Co. now owns 94,619 shares of the 3D printing company’s stock worth $146,000 after purchasing an additional 83,094 shares during the period. Finally, Divisadero Street Capital Management LP acquired a new stake in 3D Systems in the second quarter valued at approximately $139,000. 64.49% of the stock is currently owned by institutional investors and hedge funds.

3D Systems Company Profile

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.