Stratasys Stock Hits New 52-Week High (SSYS)

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) -- Stratasys (Nasdaq: SSYS) hit a new 52-week high Friday as it is currently trading at $88, above its previous 52-week high of $87.85 with 311,710 shares traded as of 12:56 p.m. ET. Average volume has been 620,400 shares over the past 30 days.

Stratasys has a market cap of $3.23 billion and is part of the industrial goods sector and industrial industry. Shares are up 146.5% year to date as of the close of trading on Thursday.

Stratasys Ltd. offers manufacture and sale of three-dimensional (3D) printers and materials that create prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its 3D printers are based on patented fused deposition modeling (FDM) and PolyJet inkjet-based technologies. The company has a P/E ratio of 88.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Stratasys 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, expanding profit margins 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 Stratasys Ratings Report.

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