voxeljet (NYSE:VJET) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday, November 17th.
A number of other equities analysts have also weighed in on the stock. Zacks Investment Research lowered shares of voxeljet from a “hold” rating to a “sell” rating in a research report on Thursday, November 16th. TheStreet upgraded shares of voxeljet from a “d” rating to a “c-” rating in a research report on Monday, November 13th. Cowen set a $6.00 target price on shares of voxeljet and gave the stock a “buy” rating in a research report on Sunday, October 15th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $8.00 target price on shares of voxeljet in a research report on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $6.33.
Shares of voxeljet (NYSE:VJET) traded down $0.07 during trading hours on Friday, hitting $5.02. 39,355 shares of the company were exchanged, compared to its average volume of 89,567. The company has a debt-to-equity ratio of 0.14, a current ratio of 5.02 and a quick ratio of 3.44. voxeljet has a 12-month low of $2.61 and a 12-month high of $6.37.
Institutional investors have recently added to or reduced their stakes in the stock. Trent Capital Management Inc. NC purchased a new stake in voxeljet during the second quarter valued at $143,000. Symmetry Peak Management LLC purchased a new stake in voxeljet during the second quarter valued at $146,000. Finally, Bank of New York Mellon Corp raised its stake in voxeljet by 24.7% during the second quarter. Bank of New York Mellon Corp now owns 46,946 shares of the technology company’s stock valued at $205,000 after purchasing an additional 9,308 shares in the last quarter. 5.59% of the stock is currently owned by institutional investors.
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voxeljet Company Profile
Voxeljet AG is a Germany-based company engaged in manufacture and sales of three-dimensional (3D) printers. The Company’s offer is aimed at industrial companies active in fields such as aerospace, automotive, engineering, architecture, science, medicine, art, film and entertainment. The Company is divided in two business areas: voxeljet SYSTEMS and voxeljet SERVICES.
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