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 $48.77, above its previous 52-week high of $47.99 with 809,492 shares traded as of 9:36 a.m. ET. Average volume has been 4.8 million shares over the past 30 days.

3D Systems has a market cap of $4.07 billion and is part of the industrial goods sector and industrial industry. Shares are up 32.6% year to date as of the close of trading on Monday.

3D Systems Corporation, through its subsidiaries, develops, manufactures and markets 3D printers, print materials, on-demand custom parts services, and 3D authoring solutions for professionals and consumers. The company has a P/E ratio of 97.4, 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, 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 somewhat disappointing return on equity. You can view the full 3D Systems Ratings Report.

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