Stock Rating Downgrade
During the last several trading days the Value Trend Rating for 3D Systems Corp (NYSE: DDD) fell significantly from C to F reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 3/1/24, 3D Systems Corp (NYSE: DDD) stock enjoyed a large increase of 2.2%, closing at $4.23. Moreover, trading volume in this advance was above average at 140% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -14.7% during the last week.
Current PriceTarget Research Rating
DDD is expected to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
3D Systems has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. 3D Systems has a slightly negative Power Rating of 36 and a poor Appreciation Score of 28, producing the Lowest Value Trend Rating.
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