Voxeljet (NYSE:VJET) Stock Rating Upgraded by Zacks Investment Research

Voxeljet (NYSE:VJET) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “voxeljet AG provides 3D printers and on-demand parts services to industrial and commercial customers. The company operates in two segments, Systems and Services. It serves the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product industries. voxeljet AG is headquartered in Friedberg, Germany. “

Separately, ValuEngine raised Voxeljet from a “sell” rating to a “hold” rating in a report on Friday, December 27th.

Shares of VJET stock traded down $0.03 during trading on Wednesday, reaching $2.03. 358 shares of the company’s stock were exchanged, compared to its average volume of 25,389. The company has a quick ratio of 2.63, a current ratio of 4.53 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $38.50 million, a PE ratio of -3.90 and a beta of 3.01. Voxeljet has a twelve month low of $1.52 and a twelve month high of $2.45. The firm’s fifty day moving average price is $2.14 and its 200-day moving average price is $1.94.

Voxeljet (NYSE:VJET) last issued its quarterly earnings data on Thursday, November 14th. The technology company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.04). Voxeljet had a negative net margin of 45.17% and a negative return on equity of 25.03%. The firm had revenue of $4.93 million during the quarter, compared to analyst estimates of $5.71 million. As a group, analysts anticipate that Voxeljet will post -0.53 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP lifted its holdings in shares of Voxeljet by 54.6% in the second quarter. Susquehanna International Group LLP now owns 40,549 shares of the technology company’s stock valued at $75,000 after purchasing an additional 14,316 shares in the last quarter. Citadel Advisors LLC lifted its holdings in Voxeljet by 162.2% during the second quarter. Citadel Advisors LLC now owns 70,230 shares of the technology company’s stock worth $129,000 after acquiring an additional 43,449 shares during the period. Finally, Morgan Stanley lifted its holdings in Voxeljet by 44.8% during the second quarter. Morgan Stanley now owns 160,687 shares of the technology company’s stock worth $294,000 after acquiring an additional 49,750 shares during the period. 25.32% of the stock is owned by hedge funds and other institutional investors.

Voxeljet Company Profile

voxeljet AG provides three-dimensional (3D) printers and on-demand parts services to industrial and commercial customers worldwide. The company operates in two segments, Systems and Services. The Systems segment develops, produces, and sells 3D printers. This segment also offers consumables, including particulate materials and proprietary chemical binding agents, maintenance contracts, and spare parts.

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