3D Systems Corporation (NYSE:DDD) has climbed 6.02% in the past week and advanced 7.4% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 7.3% and the outperformance has advanced to 6.42% for the last 4 weeks period.
3D Systems Corporation (NYSE:DDD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.83 and $12.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.20, notching a gain of 3.13% for the day. The total traded volume was 3,174,438 . The stock had closed at $12.80 on the previous day.
The company shares have dropped -35.95% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $22.05 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $13.43 and the 200 Day Moving Average price is recorded at $11.90.
On the companys insider trading activities, Loewenbaum G Walter Ii, director of 3d Systems Corp had purchased 20,000 shares on May 12, 2016 in a transaction. The price per share was $12.07 and the total amount of the disclosed transaction was $241,400.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Many analysts have stated their opinion on the company shares. FBR Capital initiates coverage on 3D Systems Corporation (NYSE:DDD) . Analysts at the FBR Capital have a current rating of Market Perform on the shares. The rating by the firm was issued on May 24, 2016. Currently the company Insiders own 5.4% of 3D Systems Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 2.01% . Institutional Investors own 46.73% of 3D Systems Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 2.01%.
3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (3D) printing centric solutions. It provides 3D design-to-manufacturing solutions, including 3D printers, print materials and cloud sourced custom parts. Its healthcare solutions include end-to-end simulation, training and planning and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. It also provides software and haptic and perceptual devices for design, including 3D digital design, scan-to-computer-aided design (CAD), scan-to-print, reverse engineering, inspection, sculpting and medical modeling and simulation applications. For its healthcare customers it also offers virtual surgical planning and medical modeling services, digitizing scanners and simulation products. The Company operates in the Americas, Europe, the Middle East and the Asia Pacific regions.