Materialise (NASDAQ:MTLS) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Materialise NV (NASDAQ:MTLS) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.62 and traded as high as $5.67. Materialise shares last traded at $5.65, with a volume of 81,349 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of Materialise from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Materialise in a research report on Monday, December 29th. Finally, Wall Street Zen raised Materialise from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Materialise Stock Up 3.7%

The business’s 50 day moving average is $5.62 and its two-hundred day moving average is $5.62. The company has a quick ratio of 2.20, a current ratio of 2.37 and a debt-to-equity ratio of 0.20.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Disciplined Growth Investors Inc. MN increased its position in shares of Materialise by 0.8% during the second quarter. Disciplined Growth Investors Inc. MN now owns 1,890,920 shares of the software maker’s stock valued at $10,684,000 after buying an additional 15,573 shares during the period. Rock Point Advisors LLC increased its holdings in Materialise by 2.2% during the 4th quarter. Rock Point Advisors LLC now owns 1,005,491 shares of the software maker’s stock worth $5,580,000 after acquiring an additional 21,196 shares during the period. King Luther Capital Management Corp lifted its stake in Materialise by 12.9% in the 3rd quarter. King Luther Capital Management Corp now owns 655,000 shares of the software maker’s stock worth $3,648,000 after purchasing an additional 75,000 shares in the last quarter. Archon Capital Management LLC boosted its holdings in Materialise by 50.6% in the 4th quarter. Archon Capital Management LLC now owns 654,623 shares of the software maker’s stock valued at $3,633,000 after purchasing an additional 219,995 shares during the period. Finally, ARK Investment Management LLC boosted its holdings in Materialise by 28.6% in the 2nd quarter. ARK Investment Management LLC now owns 566,508 shares of the software maker’s stock valued at $3,201,000 after purchasing an additional 125,948 shares during the period. Institutional investors own 19.30% of the company’s stock.

Materialise Company Profile

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.