Stratasys Ltd (SSYS): Today's Featured Industrial Laggard
(
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Stratasys fell $2.62 (-2.9%) to $87.73 on heavy volume. Throughout the day, 1,202,834 shares of Stratasys exchanged hands as compared to its average daily volume of 722,700 shares. The stock ranged in price between $87.40-$91.00 after having opened the day at $91.00 as compared to the previous trading day's close of $90.35. Other companies within the Industrial industry that declined today were:
(
), down 10.6%,
(
), down 9.7%,
(
), down 6.8% and
(
), down 4.3%.
Stratasys Ltd. provides 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. Stratasys has a market cap of $3.5 billion and is part of the technology sector. Shares are up 13.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Stratasys
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
- You can view the full Stratasys Ratings Report.
On the positive front,
China Recycling Energy Corporation
(
), up 16.2%,
(
), up 11.1%,
(
), up 9.6% and
(
), up 9.3% , were all gainers within the industrial industry with
(
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
null