Voxeljet (NYSE:VJET) Upgraded by ValuEngine to “Hold”

Voxeljet (NYSE:VJET) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Tuesday, August 7th.

Separately, Zacks Investment Research lowered shares of Voxeljet from a “buy” rating to a “hold” rating in a research report on Tuesday, June 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $6.00.

Shares of NYSE:VJET traded down $0.23 during midday trading on Tuesday, reaching $4.41. The company’s stock had a trading volume of 91,100 shares, compared to its average volume of 46,289. The firm has a market capitalization of $74.59 million, a P/E ratio of -8.59 and a beta of 2.77. Voxeljet has a twelve month low of $3.07 and a twelve month high of $6.37. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.17 and a quick ratio of 2.64.

An institutional investor recently raised its position in Voxeljet stock. Barclays PLC lifted its holdings in Voxeljet AG (NYSE:VJET) by 96,186.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,658 shares of the technology company’s stock after buying an additional 86,568 shares during the period. Barclays PLC owned approximately 0.47% of Voxeljet worth $297,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 6.29% of the company’s stock.

About Voxeljet

voxeljet AG provides three-dimensional (3D) printers and on-demand parts services to industrial and commercial customers worldwide. The company operates in two segments, Systems and Services. The Systems segment develops, produces, and sells 3D printers. This segment also offers consumables, including particulate materials and proprietary chemical binding agents, maintenance contracts, and spare parts.

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