Stratasys Ltd. (NASDAQ:SSYS) went down by -2.72% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Computer Hardware giant went up by $16.83 to trade ended Wednesday trading at $17.30. This is down from the $17.3 price recorded on Tuesday’s trading session. Thanks to this latest performance, SSYS is closer to the higher price 52-week target of $22.00 and further from the lowest price target of $15.00. Its performance from the start of the year has also been negative, with SSYS down by -16.79% year-to-date.
Stratasys Ltd. (SSYS) started the day trading at $17.31 and recorded an intraday high of $17.372. It also recorded an intraday low of $16.72 during Wednesday’s trading session. Stratasys Ltd. is a very active stock that recorded a trading volume that is less than -21.35% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 737493, which is less than -21.35 of the total average daily trading volume of 894.92K.
Stratasys Ltd. (NASDAQ:SSYS) 2020 Performance Impressive
The increase in SSYS’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SSYS currently stands at $30.60, which is higher than the current trading price of the stock by 45.0%. However, SSYS’s current trading price is -38.18% lower than the 52-week low price of $12.18. In terms of trading volume, Stratasys Ltd. currently experienced healthy participation during the last trading session. 737493 shares of Stratasys Ltd. were traded on the stock exchange on Wednesday, which is less than -21.35% of the 894.92K average trading volume of the stock.
The performance of the stock has been positive over the past year. SSYS’s performance over the past one year has seen it plunge by -28.47%, while the stock has gone down by -17.48% in the last six months. The quarterly performance of SSYS currently stands at 10.00%, and it is down by -4.65% in the last month. The only negative figure was from the weekly performance, which currently reads -6.50%. At the time of writing SSYS’s report, the company has a total market cap of $902.42M, making it one of the largest publicly-traded companies in the world.Stratasys Ltd. also has over 2268 employees all over the world.
SSYS Insider Activities
For Stratasys Ltd., insiders hold 81.20% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Stratasys Ltd. now hold 3.64M shares, which is over 81.48% of the total company stocks. Institutional investors currently hold a large chunk of the SSYS shares, as they control 6.64% of the company’s total stock.
SSYS Fundamental Analysis
For Stratasys Ltd., the stock’s diluted earnings per share (EPS) stands at -0.56. In the coming year, analysts expect the EPS to be 0.30. The EPS growth will up over the next five years to 20.00% after surging by 39.10% in the previous five years. In terms of revenue, Stratasys Ltd.’s quarterly sales (YOY) is shrinking at -0.21, which is lower than the average annual revenue of 39.10% over the past half a decade.
The Return on Investment (ROI) on Stratasys Ltd.’s stock currently stands at -1.30%, and it has a net profit margin of -4.90%. The operating margin of the company is -4.60%, and its gross margin is 48.40%.
SSYS Analysts Prediction
The JP Morgan has a Neutral rating for Stratasys Ltd., predicting the stock price to stay between $16 and $19. B. Riley FBR Inc. reiterate their Neutral position on the stock ($33 and $30)
Standpoint Research and Needham also believe that Stratasys Ltd.’s stock is outperforming at the moment.
SSYS Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SSYS currently stands at -7.34%, while the SMA50 is -2.42%. The biggest one is the SMA200, which is currently reading -11.46% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 44.84.