Stratasys Ltd (NASDAQ: SSYS)’s stock price has plunge by 1.43relation to previous closing price of 9.79. Nevertheless, the company has seen a -4.89% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-18 that Stratasys (SSYS) launches a new Direct-to-Garment solution to enable full-color and multi-material 3D printing directly on fully assembled garments.
Is It Worth Investing in Stratasys Ltd (NASDAQ: SSYS) Right Now?
Moreover, the 36-month beta value for SSYS is 1.34. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 10 as “hold,” and 3 as “sell.”
The public float for SSYS is 56.64M and currently, short sellers hold a 2.70% of that float. On April 19, 2024, SSYS’s average trading volume was 379.04K shares.
SSYS’s Market Performance
SSYS stock saw a decrease of -4.89% in the past week, with a monthly decline of -13.43% and a quarterly a decrease of -25.51%. The volatility ratio for the week is 4.47%, and the volatility levels for the last 30 days are 3.68% for Stratasys Ltd (SSYS). The simple moving average for the past 20 days is -9.73% for SSYS’s stock, with a -25.19% simple moving average for the past 200 days.
Analysts’ Opinion of SSYS
Many brokerage firms have already submitted their reports for SSYS stocks, with Cantor Fitzgerald repeating the rating for SSYS by listing it as a “Overweight.” The predicted price for SSYS in the upcoming period, according to Cantor Fitzgerald is $24 based on the research report published on February 13, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see SSYS reach a price target of $15. The rating they have provided for SSYS stocks is “Buy” according to the report published on January 04th, 2023.
SSYS Trading at -16.66% from the 50-Day Moving Average
After a stumble in the market that brought SSYS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.28% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 4.47%, as shares sank -13.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.94% lower at present.
During the last 5 trading sessions, SSYS fell by -4.89%, which changed the moving average for the period of 200-days by -43.00% in comparison to the 20-day moving average, which settled at $10.92. In addition, Stratasys Ltd saw -30.46% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SSYS
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.43 for the gross margin
The net margin for Stratasys Ltd stands at -0.19. The total capital return value is set at -0.09. Equity return is now at value -13.35, with -10.28 for asset returns.
Based on Stratasys Ltd (SSYS), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -3.3. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -22.36.
Currently, EBITDA for the company is -38.61 million with net debt to EBITDA at 0.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.0. The receivables turnover for the company is 3.65for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.17.
Conclusion
To wrap up, the performance of Stratasys Ltd (SSYS) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
