Stratasys, Ltd.s in-depth stock price analysis indicates that the stock price has rallied 14% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -7.81% . Looking at the past 52 week period, the stock price is up at 36.13% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Stratasys, Ltd. has a negative value of -36.19 compared to overall market performance. Stratasys, Ltd. (NASDAQ:SSYS) has climbed 6.68% in the past week and advanced 9.71% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.82% and the outperformance has advanced to 7.74% for the last 4 weeks period.
Stratasys, Ltd. (NASDAQ:SSYS) : On Friday heightened volatility was witnessed in Stratasys, Ltd. (NASDAQ:SSYS) which led to swings in the share price. The stock opened for trading at $21.34 and hit $21.67 on the upside , eventually ending the session at $21.25, with a gain of 1.92% or 0.4 points. The heightened volatility saw the trading volume jump to 1,113,441 shares. The 52-week high of the share price is $30.46 and the company has a market cap of $1,118 million. The 52-week low of the share price is at $14.48 .
Stratasys Ltd. Last issued its quarterly earnings results on Aug 4, 2016. The company reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.06. The company had revenue of $172.10 million for the quarter, compared to analysts expectations of $175.48 million. The companys revenue was down -5.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Stratasys Ltd. was Initiated by Standpoint Research on Jan 3, 2017 to Buy, Price Target of the shares are set at $24.Stratasys Ltd. was Resumed by Goldman on Dec 13, 2016 to Neutral, Price Target of the shares are set at $18.Stratasys Ltd. was Reiterated by Needham on Nov 16, 2016 to Buy, Lowers Price Target to $ 21 from a previous price target of $24 .
Stratasys Ltd. operates as a manufacturer of 3D printers and materials. The companys systems are used by manufacturers to create models and prototypes to aid in the new product design process. Stratasys offers its products as integrated systems consisting of an RP machine and the software to convert the CAD designs into a machine compatible format, and modeling and support materials. It also manufacturers Solidscape 3D Printers and operates the RedEye On Demand digital manufacturing service. The Companys products are used in the aerospace, defense, automotive, medical, business and industrial equipment, education, jewellery, architecture, dental, and consumer-products markets. Stratasys Ltd., formerly known as Stratasys, Inc., maintains dual headquarters in Minneapolis, Minn. and Rehovot, Israel.