Press coverage about 3D Systems (NYSE:DDD) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. 3D Systems earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the 3D printing company an impact score of 46.8524266344228 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- 3D Systems Redefines Digital Dentistry and Enables Enhanced … – PharmiWeb.com (press release) (pharmiweb.com)
- 3D Systems Co. (DDD) Stake Decreased by California Public Employees Retirement System (americanbankingnews.com)
- $0.02 Earnings Per Share Expected for 3D Systems Co. (DDD) This Quarter (americanbankingnews.com)
- 3D Systems Corporation (NYSE:DDD) – Analysts’ Recommendations to Consider – Nasdaq Journal (nasdaqjournal.com)
- Is the Stock In Play? – 3D Systems Corporation (NYSE: DDD) – Alpha Beta Stock (alphabetastock.com)
3D Systems (DDD) opened at $10.14 on Friday. The company has a quick ratio of 1.94, a current ratio of 2.63 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1,154.56, a price-to-earnings ratio of -22.04 and a beta of 1.57. 3D Systems has a twelve month low of $7.92 and a twelve month high of $23.70.
Several brokerages recently issued reports on DDD. Vetr downgraded 3D Systems from a “strong-buy” rating to a “buy” rating and set a $11.00 price objective for the company. in a research report on Thursday, January 11th. JPMorgan Chase & Co. cut their price objective on 3D Systems from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Wednesday, November 1st. Piper Jaffray Companies upgraded 3D Systems from an “underweight” rating to a “neutral” rating and set a $6.25 price objective for the company in a research report on Monday, November 20th. Canaccord Genuity restated a “neutral” rating on shares of 3D Systems in a research report on Wednesday, November 1st. Finally, Loop Capital restated a “hold” rating and set a $10.00 price objective on shares of 3D Systems in a research report on Wednesday, November 1st. Seven research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. 3D Systems has an average rating of “Hold” and a consensus target price of $12.68.
In other 3D Systems news, Director G Walter Loewenbaum II purchased 6,430 shares of the business’s stock in a transaction on Friday, December 1st. The stock was bought at an average cost of $8.81 per share, for a total transaction of $56,648.30. Following the acquisition, the director now owns 1,013,207 shares of the company’s stock, valued at approximately $8,926,353.67. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired a total of 47,930 shares of company stock valued at $428,048 over the last quarter. 5.00% of the stock is currently owned by insiders.
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About 3D Systems
3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.
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