Voxeljet AG Sets New 12-Month Low at $15.25 (VJET)
Voxeljet AG (NASDAQ:VJET) reached a new 52-week low during mid-day trading on Friday , AnalystRatings.Net reports. The stock traded as low as $15.25 and last traded at $15.57, with a volume of 3,725,081 shares changing hands. The stock had previously closed at $18.55.
VJET has been the subject of a number of recent research reports. Analysts at Jefferies Group cut their price target on shares of Voxeljet AG from $40.00 to $27.00 in a research note on Monday, March 31st. Separately, analysts at Cowen and Company cut their price target on shares of Voxeljet AG from $62.00 to $35.00 in a research note on Wednesday, March 26th. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Voxeljet AG in a research note on Saturday, March 8th. They now have a $38.00 price target on the stock.
The stock’s 50-day moving average is $29.50 and its 200-day moving average is $36.29. The company’s market cap is $241.6 million.
Voxeljet AG (NASDAQ:VJET) last announced its earnings results on Thursday, March 27th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.18. Analysts expect that Voxeljet AG will post $-0.20 EPS for the current fiscal year.
Voxeljet AG is a Germany-based company engaged in manufacture and sales of three-dimensional (NASDAQ:VJET) printers.
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