Alert: Positive Investment/Fundamental Signals (9/10/24)-Materialise NV (NASDAQ: MTLS)

out_logo_500#71763.jpg

Extremely significant positive changes in Materialise NV (NASDAQ: MTLS) investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent important positive changes in fundamentals have benefitted Materialise NV (NASDAQ: MTLS): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

out_mm#71763.jpg

Current PriceTarget Research Rating

MTLS’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Materialise has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Materialise has a slightly negative Appreciation Score of 40 and a slightly negative Power Rating of 32, triggering the Negative Value Trend Rating.

Recent Price Action

Materialise NV (NASDAQ: MTLS) stock rose modestly by 0.6% on 9/10/24. The stock closed at $5.04. Moreover, exceptionally high trading volume at 424% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -5.8% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*