3D Systems Stock Hits New 52-Week High (DDD)

NEW YORK ( TheStreet) -- 3D Systems Corporation (NYSE: DDD) hit a new 52-week high Wednesday as it is currently trading at $39.78, above its previous 52-week high of $39.52 with 255,431 shares traded as of 10:20 a.m. ET. Average volume has been one million shares over the past 30 days.

3D Systems has a market cap of $2.11 billion and is part of the technology sector and computer software & services industry. Shares are up 164.2% year to date as of the close of trading on Tuesday.

3D Systems Corporation, through its subsidiaries, engages in the design, development, manufacture, marketing, and servicing of 3D printers and related products, print materials, and services. The company has a P/E ratio of 65.6, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates 3D Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full 3D Systems Ratings Report.

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