voxeljet AG (NYSE:VJET) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.

A number of other research firms also recently commented on VJET. Piper Jaffray Companies raised their price objective on shares of voxeljet AG from $5.00 to $8.00 and gave the stock an “overweight” rating in a report on Wednesday, May 24th. Zacks Investment Research raised shares of voxeljet AG from a “sell” rating to a “hold” rating and set a $6.25 price objective for the company in a report on Wednesday, June 14th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $6.06.

voxeljet AG (NYSE VJET) traded up 20.66% during midday trading on Friday, reaching $5.14. 340,385 shares of the company traded hands. The firm’s 50 day moving average price is $4.04 and its 200 day moving average price is $3.99. The firm’s market capitalization is $95.60 million. voxeljet AG has a 12 month low of $2.61 and a 12 month high of $6.00.

voxeljet AG (NYSE:VJET) last posted its quarterly earnings results on Monday, August 14th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.06). The company had revenue of $5.66 million during the quarter. voxeljet AG had a negative return on equity of 22.77% and a negative net margin of 55.57%. On average, analysts expect that voxeljet AG will post ($0.35) earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/09/15/voxeljet-ag-vjet-raised-to-hold-at-valuengine.html.

Several large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its holdings in shares of voxeljet AG by 24.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 46,946 shares of the technology company’s stock worth $205,000 after acquiring an additional 9,308 shares during the period. Symmetry Peak Management LLC bought a new position in shares of voxeljet AG during the 2nd quarter worth about $146,000. Finally, Trent Capital Management Inc. NC bought a new position in shares of voxeljet AG during the 2nd quarter worth about $143,000. 3.27% of the stock is owned by institutional investors.

About voxeljet AG

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.

Receive News & Ratings for voxeljet AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for voxeljet AG and related companies with MarketBeat.com's FREE daily email newsletter.