3D Systems Corp. (NYSE: DDD): Time To Buy Over The Next Few Months

In the last trading session, 1.12 million 3D Systems Corp. (NYSE:DDD) shares changed hands as the company’s beta touched 1.76. With the company’s per share price at $3.70 changed hands at $0.08 or 2.21% during last session, the market valuation stood at $493.69M. DDD’s last price was a discount, traded about -199.73% off its 52-week high of $11.09. The share price had its 52-week low at $3.32, which suggests the last value was 10.27% up since then. When we look at 3D Systems Corp.’s average trading volume, we note the 3-month average coming to 1.61 million.

3D Systems Corp. (NYSE:DDD) trade information

Instantly DDD was in green as seen at the end of in last trading. With action 7.25%, the performance over the past five days has been green. The jump to weekly highs of 3.83 added 2.21% to the stock’s daily price. The company’s shares are showing year-to-date downside of -41.73%, with the 5-day performance at 7.25% in the green. However, in the 30-day time frame, 3D Systems Corp. (NYSE:DDD) is -7.73% down.

3D Systems Corp. (DDD) estimates and forecasts

Data shows that the 3D Systems Corp. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -9.09% over the past 6 months, a 61.54% in annual growth rate that is considerably higher than the industry average of 4.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -47.73%. The 2024 estimates are for 3D Systems Corp. earnings to increase by 49.83%, but the outlook for the next 5-year period is at 30.00% per year.