3D Systems (NYSE:DDD) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

3D Systems Corporation (NYSE:DDDGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.15 and traded as high as $2.20. 3D Systems shares last traded at $2.0850, with a volume of 1,531,604 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on DDD shares. Zacks Research cut shares of 3D Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Weiss Ratings reissued a “sell (d)” rating on shares of 3D Systems in a research note on Thursday. Cantor Fitzgerald lifted their target price on 3D Systems from $4.00 to $4.75 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Finally, Wall Street Zen downgraded 3D Systems from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $4.75.

Get Our Latest Stock Analysis on DDD

3D Systems Stock Performance

The stock has a fifty day moving average price of $2.76 and a 200 day moving average price of $2.15. The company has a current ratio of 2.76, a quick ratio of 1.82 and a debt-to-equity ratio of 0.51. The firm has a market cap of $268.42 million, a price-to-earnings ratio of -1.59 and a beta of 2.18.

3D Systems (NYSE:DDDGet Free Report) last announced its earnings results on Tuesday, November 4th. The 3D printing company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.02. 3D Systems had a negative net margin of 35.05% and a negative return on equity of 43.90%. The firm had revenue of $91.25 million for the quarter, compared to the consensus estimate of $93.04 million. 3D Systems has set its Q4 2025 guidance at EPS. As a group, analysts predict that 3D Systems Corporation will post -0.73 earnings per share for the current year.

Hedge Funds Weigh In On 3D Systems

Institutional investors have recently added to or reduced their stakes in the company. Capital World Investors acquired a new position in 3D Systems during the 3rd quarter worth about $15,104,000. Geode Capital Management LLC lifted its position in shares of 3D Systems by 3.4% during the second quarter. Geode Capital Management LLC now owns 3,165,629 shares of the 3D printing company’s stock worth $4,876,000 after purchasing an additional 105,500 shares in the last quarter. Icon Advisers Inc. Co. grew its stake in shares of 3D Systems by 23.8% during the third quarter. Icon Advisers Inc. Co. now owns 2,600,000 shares of the 3D printing company’s stock valued at $7,540,000 after purchasing an additional 500,000 shares during the last quarter. Silverberg Bernstein Capital Management LLC increased its holdings in shares of 3D Systems by 14.6% in the third quarter. Silverberg Bernstein Capital Management LLC now owns 2,338,970 shares of the 3D printing company’s stock valued at $6,783,000 after purchasing an additional 298,310 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in 3D Systems by 80.0% in the 3rd quarter. Two Sigma Investments LP now owns 1,836,053 shares of the 3D printing company’s stock worth $5,325,000 after purchasing an additional 816,239 shares during the last quarter. 64.49% of the stock is owned by institutional investors.

About 3D Systems

(Get Free Report)

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.

Further Reading

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