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3D Systems (DDD) Surges: Stock Moves 13.1% Higher

Zacks Equity Research
Updated

3D Systems Corporation DDD was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.07 to $10.38 in the past one-month time frame.

The stock gained after the company said that its fourth-quarter 2017 results will improve from its year-ago levels.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

3D Systems currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.  

3D Systems Corporation Price

3D Systems Corporation Price | 3D Systems Corporation Quote

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A better-ranked stock in the Computer - Mini computers industry is HP Inc. HPQ, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is DDD going up? Or down? Predict to see what others think: Up or Down

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