Zacks Investment Research upgraded Proto Labs Inc (NYSE:PRLB) to Hold in a report released today.
- Updated: October 2, 2016
Yesterday Proto Labs Inc (NYSE:PRLB) traded 1.10% higher at $57.85. The company’s 50-day moving average is $57.05 and its 200-day moving average is $63.36. The last stock close price is down -5.44% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 378,781 shares of the stock were exchanged, up from an average trading volume of 313,155
Zacks Investment Research has upgraded Proto Labs Inc (NYSE:PRLB) to Hold in a report released on 09/28/2016.
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Proto Labs Inc has a 52 week low of $50.50 and a 52 week high of $82.06 with a P/E ratio of 34.65 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is $72.00 with 5 firms rating the stock a strong buy, 1 firm rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Proto Labs Inc (NYSE:PRLB)
Proto Labs, Inc. is an online and technology-enabled manufacturer of on-demand three-dimensional (3D)-printed, computer numerical control (CNC) machined and injection-molded custom parts for prototyping and short-run production. It utilizes injection molding, CNC machining and 3D printing to manufacture custom parts for its customers. The Company targets its products to the product developers and engineers who use three-dimensional computer-aided design (3D CAD) software to design products across a range of end-markets. It has operations in the United States, Europe and Japan. The Company's manufacturing product lines include injection molding (Protomold), CNC machining (Firstcut) and 3D printing (Fineline). The Company's 3D Printing (Fineline) product line includes stereolithography (SL), selective laser sintering (SLS) and direct metal laser sintering (DMLS) processes, which offers customers a range of precision rapid prototyping and low volume production.
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