3D Systems (DDD) Stock Soars 5.09% Amid Positive Market Activity

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Oct 04, 2024
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3D Systems (DDD, Financial) experienced a significant stock movement with a 5.09% surge in its share price. The stock is currently trading at $2.89 per share, with a trading volume of 700,746 shares and a turnover rate of 0.52%. The stock's amplitude is noted at 5.42%.

In its recent financial report, 3D Systems reported revenues of $113 million, a net loss of $27.26 million, and an earnings per share of -$0.21. The company's gross profit stands at $43.93 million, with a price-to-earnings ratio of -1.08.

Regarding analyst ratings, among the seven institutions evaluating the stock, 29% recommend buying, while 71% suggest holding. No institutions have issued a sell recommendation.

3D Systems is part of the computer hardware industry, which has seen an overall increase of 0.47%. Notable gainers within this sector include Rigetti Computing Inc C/Wts (To Pur Com), Rigetti Computing, Inc., and D-Wave Quantum Inc., while AgEagle Aerial Systems, Advanced Micro Devices, and Ionq, Inc. have been actively traded with turnover rates of 40.89%, 3.66%, and 2.17%, respectively. Stocks with significant volatility include Btc Digital Ltd C/Wts 31/03/2025 (To Pur Com), StarMap International, and AgEagle Aerial Systems, with amplitudes of 16.67%, 14.56%, and 12.02%.

3D Systems Corp offers comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company operates through its Healthcare Solutions and Industrial Solutions segments, with the majority of revenue generated from the Industrial Solutions segment. The company conducts business through various offices and facilities across the Americas, EMEA, and APAC, with most of its revenue coming from the Americas.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.