Get Stock Quote Here 3D Systems, headquartered in Rock Hill, South Carolina, is a company that engineers, manufactures and sells 3D printers. Chuck Hull, currently the CTO and former president, invented stereolithography in 1986. 3D Systems creates product concept models, precision and functional prototypes, master patterns for tooling, as well as production parts for direct digital manufacturing. 3D Systems uses proprietary processes to fabricate physical objects using input from computer-aided design and manufacturing software, or 3D scanningand 3D sculpting devices. 3D Systems' technologies and services are used in the design, development and production stages of many industries, including aerospace, automotive, architecture, health care, dental, entertainment, recreation and consumer goods. 3D Systems offers professional- and production-grade 3D printers, in addition to a line of personal 3D printers and 3D-printed consumer products, supported by the affiliated online forum Cubify. 3D Systems is notable within the 3D printing industry for developing stereolithographyand the STL file format.
3D Systems names former HP exec as CEO 3D printer maker 3D Systems Corp said it appointed former HP Inc executive Vyomesh Joshi as its president and chief executive. Joshi, who headed HP's printing business, succeeds Andy Johnson, who was serving as the interim president and CEO, the company said in a statement on Monday. The past two years have been tumultuous for 3D Systems, with its stock crashing about 90 percent as investors raised questions about the viability of consumer 3D printers. The company's former chief executive, Avi Reichental, stepped down last year in a mutual agreement with the board. LINK - http://www.reuters.com/article/us-3d-systems-ceo-idUSKCN0X11A4
Reported before open today (5/5/16) Earnings: EPS $0.05 Revenue $152.6M Estimates: EPS $0.05 Revenue $150.7M Up 0.96% in pre-market
Has the 3D sector bottomed? Only charts that interest me are DDD and SSYS but they have been join sideways ALL year.
Have you taken a look recently at the stock chart of 3D Systems Corporation (NYSE: DDD)? The stock has been trading sideways in a range between $12-$18 since April 2016. So why should this be of great concern to investors who are long the stock? With the stock market at all-time highs, why can't 3D Systems Corp catch a bid and rally? Another concern aspect is that it continues to hangout in the lower portion of the range from $12-$14. This should excite shorts because it increases the chances of a break lower. Overall, the price action is just not healthy.
3D Systems, headquartered in Rock Hill, South Carolina, is a company that engineers, manufactures and sells 3D printers. Currently, 3D Systems is witnessing robust prospects across most of its end business. Especially, the company remains bullish on the prospects of its healthcare business. For full-year 2016, healthcare business charted a growth trajectory on the back of higher healthcare services and simulation revenues. 3D technology has the potential to revolutionize manufacturing and improve the commercial space. Various companies, ranging from hospital managers to car manufacturers, are now opting for varied 3D solutions to address simple make-to-stock orders as well as complex, engineer-to-order production strategies.
An interesting stock to play, if it can hold above this line connecting recent lows. It's already made a strong move from $9 just 2 months ago, and I don't think it's going back below $10.
I didn't give much attention to the massive one-day jump in DDD when the company announced the sale of its non-core business software (Link Zacks). DDD and all the other 3d printing stocks have been going sideways for several years now. But since then, DDD just continued up! It just went from $12 to $48 in four weeks. I have fond memories of the past "bubble". When I started trading in 2013 I really enjoyed the rally in 3d printing stocks. DDD tripled to $100 that year. And then went all the way back down to $6 over the course of 2014-2016. So, what's going on here? ATI, DDD, SSYS, DM, NNDM, XONE all seem to rally in unison. Any thoughts on if this will be a prolonged move upwards?