Despite the gradual pullback in 3D Systems Corporation (NYSE:DDD) and other 3D printing stocks, Citi analysts still see opportunities ahead. In a report dated March 26, 2014, analyst Kenneth Wong said adoption of 3D printers is still in the early stages. Citi analysts presented at the Additive Disruption Conference this week and said that although there isn’t any “clear consensus” regarding the future of the market, they are consistently hearing good things about 3D printers. 3D Systems Corporation (NYSE:DDD) shares after opening at $59.98 moved to $60.08 on last trade day and at the end of the day closed at $59.07. Company price to sales ratio in past twelve months was calculated as 11.87 and price to cash ratio as 19.90. 3D Systems Corporation (NYSE:DDD) showed a positive weekly performance of 3.98%.
Stratasys (NASDAQ:SSYS) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Monday, StockRatingsNetwork reports. They currently have a $112.00 target price on the stock. Zacks‘s target price would suggest a potential upside of 3.90% from the company’s current price. Stratasys, Ltd. (NASDAQ:SSYS) shares advanced 0.37% in last trading session and ended the day on $104.43. SSYS return on equity ratio is recorded as -1.30% and its return on assets is -1.20%. Stratasys, Ltd. (NASDAQ:SSYS) yearly performance is 39.61%.
Mar 06, 2014 Logitech International SA (USA) (NASDAQ:LOGI) announced that its board of directors has approved a new share buyback program, which authorizes the Company to invest up to $250 million to purchase its own shares, subject to the approval of the Swiss Takeover Board. Logitech International SA (USA) (NASDAQ:LOGI) shares moved down -2.32% in last trading session and was closed at $14.74, while trading in range of $14.72-$15.03. Logitech International SA (USA) (NASDAQ:LOGI) year to date performance is 7.67%.
Feb 21, 2014 Immersion Corporation (NASDAQ:IMMR), the leading developer and licensor of touch feedback technology, will be unveiling new demonstrations at Mobile World Congress designed to show how tactile technology will enhance user experience in next-generation mobile and wearable devices. The demos highlight applications of haptics in user-created video, tactile ads and entertainment, wearables, mobile user interfaces and gaming. The company will showcase its technology at GSMA Mobile World Congress 2014, February 24 – 27 in Barcelona. Immersion will be located at App Planet Hall, Stand 8.1G41.Immersion Corporation (NASDAQ:IMMR) weekly performance is -2.61%. On last trading day company shares ended up $10.46. Immersion Corporation (NASDAQ:IMMR) distance from 50-day simple moving average is -6.84%. Analysts mean target price for the company is $16.33.