3D Systems Reaches 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 Tuesday as it is currently trading at $49.99, above its previous 52-week high of $49.35 with 276,105 shares traded as of 9:41 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

3D Systems has a market cap of $2.61 billion and is part of the technology sector and computer software & services industry. Shares are up 218.1% year to date as of the close of trading on Monday.

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 67.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates 3D Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full 3D Systems Ratings Report.

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