Materialise NV (NASDAQ:MTLS - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $8.93 and last traded at $8.92, with a volume of 133418 shares traded. The stock had previously closed at $8.58.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Materialise from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, November 13th.
View Our Latest Analysis on MTLS
Materialise Trading Down 3.0 %
The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.65 and a current ratio of 1.81. The stock has a market capitalization of $527.50 million, a P/E ratio of 47.00 and a beta of 1.22. The stock has a 50-day moving average price of $7.83 and a two-hundred day moving average price of $6.48.
Institutional Trading of Materialise
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ballentine Partners LLC bought a new position in Materialise in the 3rd quarter worth $124,000. Quintet Private Bank Europe S.A. increased its position in shares of Materialise by 51.4% during the third quarter. Quintet Private Bank Europe S.A. now owns 21,965 shares of the software maker's stock valued at $120,000 after buying an additional 7,459 shares during the period. Rock Point Advisors LLC raised its stake in Materialise by 15.9% in the third quarter. Rock Point Advisors LLC now owns 777,465 shares of the software maker's stock worth $4,261,000 after buying an additional 106,564 shares in the last quarter. Quadrature Capital Ltd lifted its holdings in Materialise by 104.0% in the third quarter. Quadrature Capital Ltd now owns 36,350 shares of the software maker's stock worth $199,000 after buying an additional 18,532 shares during the period. Finally, Barclays PLC boosted its position in Materialise by 45.3% during the 3rd quarter. Barclays PLC now owns 7,933 shares of the software maker's stock valued at $43,000 after acquiring an additional 2,473 shares in the last quarter. Hedge funds and other institutional investors own 19.30% of the company's stock.
Materialise Company Profile
(
Get Free Report)
Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.
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