voxeljet AG (VJET) Lowered to Sell at ValuEngine

ValuEngine cut shares of voxeljet AG (NYSE:VJET) from a hold rating to a sell rating in a research report report published on Thursday.

A number of other equities research analysts have also recently issued reports on VJET. Piper Jaffray Companies reiterated a buy rating and issued a $8.00 target price on shares of voxeljet AG in a research note on Thursday, September 28th. Cowen and Company set a $6.00 price objective on shares of voxeljet AG and gave the company a buy rating in a research note on Sunday, October 15th. Finally, Zacks Investment Research cut shares of voxeljet AG from a buy rating to a hold rating in a research note on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of $6.33.

Shares of voxeljet AG (NYSE:VJET) opened at $5.72 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 5.02 and a quick ratio of 3.44. voxeljet AG has a one year low of $2.61 and a one year high of $6.37.

voxeljet AG (NYSE:VJET) last posted its earnings results on Monday, August 14th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.06). The company had revenue of $5.66 million during the quarter. voxeljet AG had a negative net margin of 37.90% and a negative return on equity of 18.28%. analysts predict that voxeljet AG will post -0.32 EPS for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of VJET. Trent Capital Management Inc. NC bought a new stake in shares of voxeljet AG during the second quarter valued at about $143,000. Symmetry Peak Management LLC bought a new stake in shares of voxeljet AG during the second quarter valued at about $146,000. Finally, Bank of New York Mellon Corp raised its stake in shares of voxeljet AG by 24.7% during the second quarter. Bank of New York Mellon Corp now owns 46,946 shares of the technology company’s stock valued at $205,000 after purchasing an additional 9,308 shares in the last quarter. Institutional investors and hedge funds own 3.29% of the company’s stock.

voxeljet AG Company Profile

Voxeljet AG is a Germany-based company engaged in manufacture and sales of three-dimensional (3D) printers. The Company’s offer is aimed at industrial companies active in fields such as aerospace, automotive, engineering, architecture, science, medicine, art, film and entertainment. The Company is divided in two business areas: voxeljet SYSTEMS and voxeljet SERVICES.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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