Stratasys Stock Hits New 52-Week High (SSYS)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Monday as it is currently trading at $96.41, above its previous 52-week high of $95.75 with 546,459 shares traded as of 2:16 p.m. ET. Average volume has been 754,300 shares over the past 30 days.
Stratasys has a market cap of $3.62 billion and is part of the technology sector and computer hardware industry. Shares are up 16.6% year to date as of the close of trading on Friday.
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.
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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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