As of Friday close, Stratasys Ltd.’s (NASDAQ:SSYS) stock was down -$0.35, moving down -2.08 percent to $16.44. The average number of shares traded per day over the past five days has been 1,262,820 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.17 fall in that time frame. In the last twenty days, the average volume was 1,195,265, while in the previous 50 days, it was 1,108,610.
Since last month, SSYS stock retreated -4.36%. Shares of the company fell to $16.04 on 08/04/23, the lowest level in the past month. A 52-week high of $21.72 was reached on 07/18/23 after having rallying from a 52-week low of $11.03. Since the beginning of this year, SSYS’s stock price has risen by 38.62% or $4.58, and marked a new high 26 times. However, the stock has declined by -24.31% since its 52-week high.
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Valuation Metrics
The stock’s beta is 1.43. Besides these, the trailing price-to-sales (P/S) ratio of 1.83, the price-to-book (PB) ratio of 1.18.
Financial Health
In the three months ended March 30, Stratasys Ltd.’s quick ratio stood at 2.30, while its current ratio was 3.30, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 42.70% percent. In the year ended March 30, EBITDA margin amounted to -0.06%, whereas operating margins totaled -2.40%. Based on annual data, SSYS earned $276.47 million in gross profit and brought in $651.48 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -2.40%. Return on equity (ROE) for the past 12 months was -3.20%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SSYS’s revenue rose 6.79% during the quarter, while net income inched up to $651.48 million. While analysts expected Stratasys Ltd. to report -$0.06 quarterly earnings, the actual figure was $0.02 per share, beating the consensus estimate by 133.30%. During the quarter, the company generated -$5.12 million in EBITDA. The liabilities of Stratasys Ltd. were 292.63 million at the end of its most recent quarter ended March 30, and its total debt was $16.6 million.
Technical Picture
This quick technical analysis looks at Stratasys Ltd.’s (SSYS) price momentum. With a historical volatility rate of 17.95%, the RSI 9-day stood at 22.07% on 04 August.
With respect to its five-day moving average, the current Stratasys Ltd. price is down by -11.66% percent or -$2.17. At present, SSYS shares trade -5.41% below its 20-day simple moving average and +12.76% percent above its 100-day simple moving average. However, the stock is currently trading approximately +7.73% above its SMA50 and +22.05% above its SMA200.
Stochastic coefficient K was 5.98% and Stochastic coefficient D was 5.11%, while ATR was 0.82. Given the Stochastic reading of 7.04% for the 14-day period, the RSI (14) reading has been calculated as 32.66%. As of today, the MACD Oscillator reading stands at -1.29, while the 14-day reading stands at -2.18.
