Stratasys Reaches 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 Tuesday as it is currently trading at $93.39, above its previous 52-week high of $92.30 with two million shares traded as of 1:21 p.m. ET. Average volume has been 778,500 shares over the past 30 days.

Stratasys has a market cap of $3.21 billion and is part of the technology sector and computer hardware industry. Shares are up 4% year to date as of the close of trading on Monday.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. The company has a P/E ratio of 231.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Stratasys as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Stratasys Ratings Report.

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