Vetr Inc. disclosed Stratasys, Ltd. (NASDAQ:SSYS), boosting its price target to $26.67 earlier today
- Updated: September 28, 2016
Yesterday Stratasys, Ltd. (NASDAQ:SSYS) traded 3.52% higher at $24.15. The company’s 50-day moving average is $22.08 and its 200-day moving average is $22.73. The last stock close price is up 4.91% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,165,834 shares of the stock were exchanged, up from an average trading volume of 1,030,430
Stating a potential upside of 0.10%, Vetr Inc. increased the price target of Stratasys, Ltd. (NASDAQ:SSYS) to $26.67
Previously on Monday July 18, 2016, Piper Jaffray reported about Stratasys, Ltd. (NASDAQ:SSYS) lowered the target price from $32.00 to $24.00. At the time, this indicated a possible upside of 0.13%.
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Stratasys, Ltd. has a with a one year low of $14.48 and a one year high of $32.52 SSYS’s total market value is presently $0.
A total of 13 brokers have issued a report on SSYS. 2 brokerages rating the company a strong buy, four brokers rating the stock a buy, eleven equity analysts rating the stock a hold, 3 analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a 12-month price target of $24.46.
General Company Details For Stratasys, Ltd. (NASDAQ:SSYS)
Stratasys Ltd. provides three-dimensional (3D) printing and additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. Its 3D printing systems utilize its patented fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content. The company offers entry-level desktop 3D printers to systems for rapid prototyping, and production systems for direct digital manufacturing under the Dimension, Objet, Fortus, Polyjet, SolidScape, and MakerBot brands, as well as MoJo and uPrint product families, and Dental Series products. It also provides 3D printing consumable materials, including FDM, cartridge-based materials, Polyjet cartridge-based materials, Smooth Curvature Printing inkjet-based materials, and non-color digital materials, as well as provides color variation services. In addition, the company offers customer support, basic warranty, and extended support programs; leases or rents 3D printers and 3D production systems; produces prototypes and end-use parts for customers from a customer-provided CAD file; and provides plastic and metal parts for rapid prototyping and production processes, as well as related professional services. Further, it operates Thingiverse, an online community for sharing downloadable, digital 3D designs; and GrabCAD Community for mechanical engineers and designers. The companyÂ’s products and services are used in aerospace, automotive, consumer electronics, consumer goods, medical processes and medical devices, education, dental, jewelry, and other industries. It sells its products through a network of resellers and independent sales agents worldwide. Stratasys Ltd. was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
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