3D Systems Corporation (DDD) has risen sharply, recording gains of 15.64% in the past 4 weeks. However, the stock has corrected -0.07% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 15.2% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
3D Systems Corporation is up 25.14% in the last 3-month period. Year-to-Date the stock performance stands at 76.99%. The stock has recorded a 20-day Moving Average of 7.41% and the 50-Day Moving Average is 11.93%.
3D Systems Corporation (NYSE:DDD): The stock opened at $15.30 on Friday but the bulls could not build on the opening and the stock topped out at $15.47 for the day. The stock traded down to $15.20 during the day, due to lack of any buying support eventually closed down at $15.38 with a loss of -0.26% for the day. The stock had closed at $15.42 on the previous day. The total traded volume was 1,467,655 shares.
Also, Equity Analysts at the Jefferies maintains the rating on 3D Systems Corporation (NYSE:DDD). The brokerage firm has issued a Hold rating on the shares. The Analysts at the ratings agency raises the price target from $13 per share to $15 per share. The rating by the firm was issued on August 4, 2016.
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.