Stratasys Stock Falls On Unusually High Volume (SSYS)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Tuesday with 1.6 million shares changing hands. It is currently at 2.2 times its average daily volume and trading down $5.52 (-5.8%) at $89.64 as of 2:45 p.m. ET.
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Stratasys has a market cap of $3.58 billion and is part of the technology sector and computer hardware industry. Shares are up 15.2% year to date as of the close of trading on Monday.
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.
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
.
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