Alert: Major Price Advance (6/5/24)-3D Systems Corp (NYSE: DDD).

out_logo_500#17274.jpg

3D Systems Corp (NYSE: DDD) stock closed at $4.16 on 6/5/24 after a major increase of 20.2%. Moreover, trading volume in this advance was exceptionally high at 556% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 13.0% during the last week.

out_mm#17274.jpg

Current PriceTarget Research Rating

DDD is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

3D Systems has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. 3D Systems has a poor Appreciation Score of 26 and a poor Power Rating of 16, and the Lowest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*