ExOne Target of Unusually High Options Trading (XONE)
ExOne (NASDAQ:XONE) saw some unusual options trading on Tuesday. Stock traders acquired 590 put options on the stock, StockRatingsNetwork.com reports. This represents an increase of 123% compared to the average volume of 264 put options.
A number of research firms have recently commented on XONE. Analysts at Zacks upgraded shares of ExOne from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $34.30 price target on the stock. Separately, analysts at Jefferies Group downgraded shares of ExOne from a “buy” rating to a “hold” rating in a research note on Friday, June 20th. They now have a $32.00 price target on the stock, down previously from $50.00. Finally, analysts at Brean Capital initiated coverage on shares of ExOne in a research note on Wednesday, June 18th. They set a “hold” rating on the stock. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. ExOne has a consensus rating of “Hold” and a consensus target price of $41.04.
Shares of ExOne (NASDAQ:XONE) traded down 3.38% during mid-day trading on Tuesday, hitting $30.26. 549,686 shares of the company’s stock traded hands. ExOne has a 52 week low of $24.34 and a 52 week high of $78.80. The stock has a 50-day moving average of $35.08 and a 200-day moving average of $35.91. The company’s market cap is $437.0 million.
The ExOne Company is provider of three-dimensional (NASDAQ:XONE) printing machines and printed products to industrial customers.
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