NEW YORK (TheStreet) --Shares of 3D Systems Corp. (DDD) are higher by 2.45% to $52.70 on Wednesday morning, after the company announced that, along with SME, it has created an advisory board for its collaborative M.Lab21 Initiative.
The M.Lab21 Initiative is a program started to enhance high school shop and vocational education classes with 3D equipment, technologies, and a curriculum designed to develop students' interest in pursuing a career in manufacturing.
The 3D printing company said this project "will revolutionize high school industrial arts, career and technical education. Through the formation of this influential advisory board, 3DS and SME will create an integrated ecosystem of hardware, software and training programs that, together, can foster a new digital literacy and empower the next generation with digital craftsmanship skills."STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
The board includes members from Intel (INTC) , General Electric (GE) , Deloitte, Johnson Controls (JCI) , and NIST.
Separately, TheStreet Ratings team rates 3D SYSTEMS CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate 3D SYSTEMS CORP (DDD) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and relatively poor performance when compared with the S&P 500 during the past year."