3D Systems Stock Gaps Up On Today's Open (TDSC)

NEW YORK ( TheStreet) -- Shares of 3D Systems Corporation (Nasdaq: TDSC) were gapping up Thursday morning with an open price 17.3% higher than Wednesday's closing price. The stock closed at $35.15 Wednesday and opened today's trading at $41.22. The average volume for 3D Systems has been 87,700 shares per day over the past 30 days. 3D Systems has a market cap of $803.6 million and is part of the technology sector and computer software & services industry.

3D Systems Corporation, through its subsidiaries, designs, develops, manufactures, markets, and services 3-D printing, rapid manufacturing, and prototyping systems and related products and materials in the United States, Europe, and the Asia-Pacific region. The company has a P/E ratio of 58.5, above the average computer software & services industry P/E ratio of 57.6 and above the S&P 500 P/E ratio of 23.3.

TheStreet Ratings rates 3D Systems as a buy. 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full 3D Systems Ratings Report.

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