BidaskClub cut shares of Materialise (NASDAQ:MTLS) from a hold rating to a sell rating in a research note issued to investors on Thursday morning.
MTLS has been the topic of several other reports. Zacks Investment Research raised Materialise from a hold rating to a buy rating and set a $15.00 target price on the stock in a report on Friday, September 1st. Piper Jaffray Companies reissued a buy rating and issued a $20.00 price objective on shares of Materialise in a research note on Friday, October 13th. Finally, KeyCorp reissued a buy rating and issued a $18.00 price objective on shares of Materialise in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $15.40.
Materialise (NASDAQ:MTLS) opened at $12.71 on Thursday. The company has a market capitalization of $603.33, a PE ratio of -211.83 and a beta of 1.75. Materialise has a twelve month low of $7.25 and a twelve month high of $16.50. The company has a current ratio of 1.86, a quick ratio of 1.69 and a debt-to-equity ratio of 0.61.
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Materialise NV is a Belgium-based company engaged in the software industry. The Company is a provider of additive manufacturing software and of three dimensional (3D) printing services. Materialise NV incorporates of 3D printing experience into a range of software solution and 3D printing services, through which the Company seeks to form the backbone of the 3D printing industry.
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