3D Systems (NYSE:DDD) Given Sell (D-) Rating at Weiss Ratings

3D Systems (NYSE:DDD - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by stock analysts at Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

Several other research firms have also recently issued reports on DDD. StockNews.com cut shares of 3D Systems from a "hold" rating to a "sell" rating in a research report on Tuesday, March 18th. Needham & Company LLC reaffirmed a "hold" rating on shares of 3D Systems in a research report on Wednesday, January 15th. Finally, Craig Hallum upgraded 3D Systems to a "hold" rating in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $3.25.

3D Systems Price Performance

Shares of NYSE:DDD traded down $0.58 during midday trading on Friday, hitting $2.15. The company had a trading volume of 9,871,396 shares, compared to its average volume of 2,550,546. 3D Systems has a twelve month low of $1.72 and a twelve month high of $5.00. The stock has a market cap of $290.90 million, a price-to-earnings ratio of -0.54 and a beta of 1.63. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.31 and a quick ratio of 2.34. The business's 50-day simple moving average is $3.53 and its 200-day simple moving average is $3.23.

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Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of 3D Systems by 15.7% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 16,779 shares of the 3D printing company's stock valued at $55,000 after buying an additional 2,279 shares during the period. Cetera Investment Advisers increased its stake in 3D Systems by 2.3% during the fourth quarter. Cetera Investment Advisers now owns 127,106 shares of the 3D printing company's stock worth $417,000 after purchasing an additional 2,887 shares during the period. Intech Investment Management LLC lifted its position in shares of 3D Systems by 6.4% during the third quarter. Intech Investment Management LLC now owns 52,323 shares of the 3D printing company's stock worth $149,000 after purchasing an additional 3,166 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of 3D Systems by 2.2% in the fourth quarter. Rhumbline Advisers now owns 207,406 shares of the 3D printing company's stock valued at $680,000 after purchasing an additional 4,451 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in shares of 3D Systems by 67.9% in the fourth quarter. Canada Pension Plan Investment Board now owns 14,100 shares of the 3D printing company's stock valued at $46,000 after purchasing an additional 5,700 shares during the period. 64.49% of the stock is currently owned by institutional investors and hedge funds.

3D Systems Company Profile

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.