VJET has been the topic of a number of other reports. Piper Jaffray Companies reduced their price target on shares of Voxeljet from $5.50 to $4.75 and set an overweight rating on the stock in a research report on Monday, May 20th. Zacks Investment Research upgraded shares of Voxeljet from a sell rating to a hold rating in a report on Saturday, July 20th.
NYSE VJET traded down $0.04 on Thursday, reaching $1.85. 9,741 shares of the company’s stock traded hands, compared to its average volume of 16,907. Voxeljet has a 12 month low of $1.55 and a 12 month high of $4.75. The company has a current ratio of 5.42, a quick ratio of 3.77 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $1.88. The firm has a market cap of $45.70 million, a PE ratio of -3.56 and a beta of 2.91.
An institutional investor recently raised its position in Voxeljet stock. Bank of America Corp DE lifted its position in Voxeljet AG (NYSE:VJET) by 140.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,660,395 shares of the technology company’s stock after purchasing an additional 969,960 shares during the period. Bank of America Corp DE owned about 8.93% of Voxeljet worth $2,823,000 as of its most recent SEC filing. Institutional investors own 21.39% of the company’s stock.
Voxeljet Company Profile
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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