Shares of 3D printer maker 3D Systems (NYSE:DDD) tumbled Wednesday after the company announced a secondary public offering of its stock. The Rock Hill, S.C.-based company said Wednesday that it expects to generate gross proceeds of $317 million from the stock offering. 3D Systems (NYSE:DDD) intends to sell 5.95 million shares in the offering this week. It also granted the underwriter, Canaccord Genuity, an option to purchase up to 892,500 additional shares within 30 days. 3D Systems Corporation (NYSE:DDD) net profit margin is 7.70% and weekly performance is 2.27%. On last trading day company shares ended up $50.44. Analysts mean target price for the company is $70.63. 3D Systems Corporation (NYSE:DDD) distance from 50-day simple moving average (SMA50) is -3.95%.
Stratasys Ltd. (NASDAQ:SSYS) a global leader of 3D printing and additive manufacturing solutions, announced that Western Tool & Mold had decided to purchase its second Fortus 3D Production System from Stratasys in its continued effort to minimize production time and improve resource management with accurate and durable end parts for the aerospace industry. Stratasys, Ltd. (NASDAQ:SSYS) shares fell -0.14% in last trading session and ended the day on $94.66. SSYS gross Margin is 49.50% and its return on assets is -0.30%.Stratasys, Ltd. (NASDAQ:SSYS) quarterly performance is -25.23%.
On May 21, 2014, Logitech International S.A. (NASDAQ:LOGI) issued a press release reporting a delay in filing its Annual Report on Form 10-K for the year ended March 31, 2014. Logitech International SA (USA) (NASDAQ:LOGI) shares moved up 0.31% in last trading session and was closed at $13.00, while trading in range of $12.95 – $13.18. Logitech International SA (USA) (NASDAQ:LOGI) year to date (YTD) performance is -5.04%.
Key Tronic Corporation (NASDAQ:KTCC) a provider of electronic manufacturing services (EMS), on 29 April announced its results for the three months ended March 29, 2014. The Company’s actual results were in line with its previous guidance. For the third quarter of fiscal year 2014, Key Tronic reported total revenue of $77.0 million, compared to $84.3 million in the same period of fiscal year 2013. For the first nine months of fiscal year 2014, total revenue was $233.3 million, compared to $276.4 million in the same period of fiscal year 2013. Key Tronic Corporation (NASDAQ:KTCC) ended the last trading day at $10.54. Company weekly volatility is calculated as 1.26% and price to cash ratio as 50.50.Key Tronic Corporation (NASDAQ:KTCC) showed a negative weekly performance of -0.57%.
Mercury Systems Inc. (NASDAQ:MRCY) has ended its search for a buyer after pricing expectations were not met, Reuters reported Tuesday on its website, citing three people familiar with the matter.
Mercury Systems Inc. (NASDAQ:MRCY) net profit margin is -2.70% and weekly performance is -0.75%. On last trading day company shares ended up $11.86. Analysts mean target price for the company is $13.55. Mercury Systems Inc. (NASDAQ:MRCY) distance from 50-day simple moving average (SMA50) is -8.32%.
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