Voxeljet AG (NYSE:VJET) shares fell 9.1% during trading on Wednesday . The stock traded as low as $2.62 and last traded at $2.69. 516,749 shares traded hands during mid-day trading, an increase of 945% from the average session volume of 49,460 shares. The stock had previously closed at $2.96.
Several brokerages recently commented on VJET. Zacks Investment Research downgraded shares of Voxeljet from a “hold” rating to a “sell” rating in a report on Thursday, August 23rd. ValuEngine upgraded shares of Voxeljet from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th.
The firm has a market capitalization of $82.77 million, a P/E ratio of -4.98 and a beta of 2.90. The company has a current ratio of 4.17, a quick ratio of 2.64 and a debt-to-equity ratio of 0.41.
Voxeljet (NYSE:VJET) last announced its earnings results on Thursday, August 16th. The technology company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.09). The firm had revenue of $6.28 million during the quarter, compared to the consensus estimate of $7.42 million. Voxeljet had a negative return on equity of 18.39% and a negative net margin of 32.91%. As a group, equities analysts expect that Voxeljet AG will post -0.41 earnings per share for the current year.
An institutional investor recently raised its position in Voxeljet stock. Barclays PLC increased its position in Voxeljet AG (NYSE:VJET) by 96,186.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,658 shares of the technology company’s stock after acquiring an additional 86,568 shares during the quarter. Barclays PLC owned about 0.47% of Voxeljet worth $297,000 at the end of the most recent quarter. 6.29% of the stock is currently owned by institutional investors.
Voxeljet Company Profile (NYSE:VJET)
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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