Materialise (MTLS) Downgraded by BidaskClub to “Sell”
BidaskClub downgraded shares of Materialise (NASDAQ:MTLS) from a hold rating to a sell rating in a report released on Thursday.
Several other research analysts also recently issued reports on MTLS. Piper Jaffray Companies reaffirmed a buy rating and issued a $20.00 price objective on shares of Materialise in a research note on Friday, October 13th. Zacks Investment Research downgraded Materialise from a buy rating to a hold rating in a research note on Wednesday, September 6th. Finally, KeyCorp reaffirmed 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 issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of $15.40.
Materialise (MTLS) opened at $13.68 on Thursday. Materialise has a 52 week low of $7.25 and a 52 week 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 Company Profile
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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