Materialise (MTLS) Receiving Somewhat Positive Press Coverage, Study Finds
News stories about Materialise (NASDAQ:MTLS) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Materialise earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 44.2690231903349 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several research analysts have recently weighed in on the stock. BidaskClub upgraded shares of Materialise from a “sell” rating to a “hold” rating in a report on Thursday. Zacks Investment Research lowered shares of Materialise from a “hold” rating to a “sell” rating in a report on Wednesday. KeyCorp restated a “buy” rating and issued a $18.00 price target on shares of Materialise in a report on Friday, November 10th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $20.00 price target on shares of Materialise in a report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $16.75.
Materialise (NASDAQ MTLS) traded up $0.31 during midday trading on Friday, reaching $13.91. 83,500 shares of the company traded hands, compared to its average volume of 106,838. Materialise has a 52-week low of $7.35 and a 52-week high of $16.50. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.86 and a quick ratio of 1.69. The stock has a market capitalization of $658.30, a price-to-earnings ratio of -231.83, a price-to-earnings-growth ratio of 3.03 and a beta of 1.74.
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.
Receive News & Ratings for Materialise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Materialise and related companies with MarketBeat.com's FREE daily email newsletter.