3D Systems Corporation (NYSE:DDD), has announced the pricing of its new public offering of 5.95 million shares of the company’s common stock. The new public offering will help the company to generate total gross proceeds of approximately $317 million. The underwriter will have an option for 30 days to buy up to 892,500 additional shares of common stock. The offering is expected to close on or about May 30, 2014. Canaccord Genuity will be the official underwriter for the offering. 3D Systems Corporation (NYSE:DDD), net profit margin is 7.70% and weekly performance is 1.16%. On last trading day company shares ended up $51.37. Analysts mean target price for the company is $70.63. 3D Systems Corporation (NYSE:DDD), distance from 50-day simple moving average (SMA50) is -1.78%.
On May 26, 2014, 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), fell 0.67% in last trading session and ended the day on $94.03. SSYS, Gross Margin is 49.50% and its return on assets is -0.30%. Stratasys, Ltd. (NASDAQ:SSYS), quarterly performance is -26.05%.
Zacks reissued their outperform rating on shares of Logitech International SA (USA) (NASDAQ:LOGI), in a research report released on Friday morning. Zacks currently has a $15.00 price objective on the stock. Logitech International SA (USA) (NASDAQ:LOGI), shares moved down 0.23% in last trading session and was closed at $12.97, while trading in range of $12.94 – 13.24. Logitech International SA (USA) (NASDAQ:LOGI), year to date (YTD) performance is -5.26%.
On May 27, 2014, Mercury Systems Inc (NASDAQ:MRCY), a supplier of digital signal and image processing systems to the aerospace and defense industry, has ended its exploration of a near-term sale, said three people familiar with the matter. Mercury Systems Inc (NASDAQ:MRCY), ended the last trading day at $11.91. Company weekly volatility is calculated as 3.11% and price to cash ratio as 8.67. Mercury Systems Inc (NASDAQ:MRCY), showed a negative weekly performance of 0.42%.
Qumu Corp (NASDAQ:QUMU), CEO Sherman L. Black acquired 10,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average price of $13.73 per share, with a total value of $137,300.00. Following the completion of the acquisition, the chief executive officer now directly owns 25,100 shares of the company’s stock, valued at approximately $344,623. Qumu Corp (NASDAQ:QUMU), net profit margin is -11.50% and weekly performance is -2.06%. On last trading day company shares ended up $15.25. Analysts mean target price for the company is $18.00. Qumu Corp (NASDAQ:QUMU), distance from 50-day simple moving average (SMA50) is 0.75%.