NEW YORK (TheStreet) -- Shares of 3D Systems Corp. (DDD) are climbing higher by 2.37% to $53.92 on Thursday morning, after the company announced it will showcase its most advanced design-to-manufacturing solutions products at the 2014 International Manufacturing Technology Show in Chicago next month.
The company will give demonstrations of its products that are specifically designed for the factory floor and the engineer's desktop.
The company will showcase its latest 3D printer, 3D engineering and design software, and offer samples from its diverse materials capabilities including direct metal, full-color plastic, multi-material and production grade Selective Laser Sintering and Stereolithography.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Additionally, 3D Systems stock gained on Wednesday after the company announced that, along with SME, it formed an advisory board to consult on its M.LAB21 Initiative, designed to enhance high school shop and vocational education classes and develop students' interest in pursuing a career in manufacturing.
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."