The stock of Voxeljet AG (ADR) (NYSE:VJET) hit a new 52-week low and has $3.32 target or 4.00% below today’s $3.46 share price. The 8 months bearish chart indicates high risk for the $62.58M company. The 1-year low was reported on Dec, 1 by Barchart.com. If the $3.32 price target is reached, the company will be worth $2.50 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 88,062 shares traded hands or 81.72% up from the average. Voxeljet AG (ADR) (NYSE:VJET) has declined 41.31% since April 28, 2016 and is downtrending. It has underperformed by 47.24% the S&P500.
Analysts await Voxeljet AG (ADR) (NYSE:VJET) to report earnings on March, 30. They expect $-0.05 EPS, up 64.29% or $0.09 from last year’s $-0.14 per share. After $-0.21 actual EPS reported by Voxeljet AG (ADR) for the previous quarter, Wall Street now forecasts -76.19% EPS growth.
Voxeljet AG (ADR) (NYSE:VJET) Ratings Coverage
Out of 3 analysts covering Voxeljet AG (NYSE:VJET), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. Voxeljet AG has been the topic of 5 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The company was downgraded on Friday, November 11 by Citigroup. The firm has “In-Line” rating given on Thursday, September 17 by Imperial Capital. The stock of Voxeljet AG (ADR) (NYSE:VJET) has “Neutral” rating given on Monday, August 15 by Citigroup.
According to Zacks Investment Research, “voxeljet AG provides 3D printers and on-demand parts services to industrial and commercial customers. The company operates in two segments, Systems and Services. It serves the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product industries. voxeljet AG is headquartered in Friedberg, Germany.”
Insitutional Activity: The institutional sentiment decreased to 0.4 in 2016 Q2. Its down 0.42, from 0.82 in 2016Q1. The ratio dived, as 7 funds sold all Voxeljet AG (ADR) shares owned while 4 reduced positions. 5 funds bought stakes while 4 increased positions. They now own 239,675 shares or 34.30% less from 364,821 shares in 2016Q1.
Group Inc One Trading Lp holds 0% or 13,816 shares in its portfolio. Cwm Limited Co accumulated 300 shares or 0% of the stock. The Alabama-based Oakworth Cap has invested 0% in Voxeljet AG (ADR) (NYSE:VJET). Art Advsrs Limited Liability Company last reported 26,873 shares in the company. Commercial Bank Of America De last reported 639 shares in the company. Wells Fargo & Communication Mn accumulated 0% or 3,700 shares. Ladenburg Thalmann Fincl Services last reported 6,400 shares in the company. Blackrock reported 25 shares or 0% of all its holdings. Manatuck Hill Partners Ltd Liability has invested 0.1% of its portfolio in Voxeljet AG (ADR) (NYSE:VJET). Moreover, First Manhattan has 0% invested in Voxeljet AG (ADR) (NYSE:VJET) for 36 shares. Lenox Wealth holds 20 shares or 0% of its portfolio. Royal Bankshares Of Canada has 3,700 shares for 0% of their US portfolio. Creative Planning accumulated 0% or 2,150 shares. Morgan Stanley has 20,390 shares for 0% of their US portfolio. Ftb Advsrs holds 0% of its portfolio in Voxeljet AG (ADR) (NYSE:VJET) for 80 shares.
More notable recent Voxeljet AG (ADR) (NYSE:VJET) news were published by: Fool.com which released: “2 Reasons to Avoid Voxeljet AG (ADR)” on December 26, 2013, also Marketwatch.com with their article: “Plus the latest data from Realtor.com on 21 home markets across the US” published on October 23, 2013, Fool.com published: “Better Buy in 2014: Voxeljet AG (ADR) vs. ExOne Co.” on January 10, 2014. More interesting news about Voxeljet AG (ADR) (NYSE:VJET) were released by: Fool.com and their article: “Voxeljet AG (ADR) Earnings: What to Expect Thursday” published on March 26, 2014 as well as Fool.com‘s news article titled: “Can Voxeljet AG’s (ADR) New VX2000 Printer Keep Shares From Crashing?” with publication date: December 07, 2013.
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