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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- 3D Systems Corporation (NYSE: DDD) hit a new 52-week high Monday as it is currently trading at $41.76, above its previous 52-week high of $41.75 with 303,101 shares traded as of 10:59 a.m. ET. Average volume has been one million shares over the past 30 days.

3D Systems has a market cap of $2.2 billion and is part of the technology sector and computer software & services industry. Shares are up 177.8% year to date as of the close of trading on Friday.

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 70.2, above the average computer software & services industry P/E ratio of 68.5 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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