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3D Systems shares snapped seven-session losing streak

Eaton Vance Senior Income Trust declares $0.053 dividend
3D Systems shares snapped seven-session losing streak

3D Systems (DDD) shares snapped seven consecutive sessions of losses, as the stock was up 5.7% at $2.78 on Tuesday. The 3D printing and digital manufacturing company fell over 14% in the preceding seven sessions. DDD is down about 22% over the past one month. The stock is up 53% so far this year, compared to the broader market's (SP500) near 9% adv...

3D Systems (DDD) shares snapped seven consecutive sessions of losses, as the stock was up 5.7% at $2.78 on Tuesday.

The 3D printing and digital manufacturing company fell over 14% in the preceding seven sessions. DDD is down about 22% over the past one month.

The stock is up 53% so far this year, compared to the broader market's (SP500) near 9% advance.

"Serial equity issuance, persistent cash burn, and looming dilution suggest further downside, with share price potentially reverting to $2 amid micro-cap weakness," pointed out a Seeking Alpha analysis.

Looking at Seeking Alpha's Quant Rating, DDD has a Buy rating with a score of 4.3 out of 5. The company received D+ in the prospect of profitability, while it got a B- in growth factor.

Seeking Alpha analysts are cautious and see the stock as a Hold.

Read full story on Seeking Alpha

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