Materialise (NASDAQ:MTLS) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Materialise NV (NASDAQ:MTLSGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.62 and traded as high as $5.67. Materialise shares last traded at $5.65, with a volume of 81,349 shares traded.

Analyst Ratings Changes

Several research firms recently commented on MTLS. Zacks Research cut Materialise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Materialise in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Materialise from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on Materialise

Materialise Price Performance

The company has a 50 day simple moving average of $5.62 and a 200-day simple moving average of $5.62. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.20 and a current ratio of 2.37.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Roubaix Capital LLC bought a new stake in shares of Materialise in the 3rd quarter worth approximately $2,356,000. Credit Agricole S A purchased a new position in Materialise in the 3rd quarter worth $2,166,000. Archon Capital Management LLC lifted its stake in Materialise by 50.6% in the fourth quarter. Archon Capital Management LLC now owns 654,623 shares of the software maker’s stock worth $3,633,000 after purchasing an additional 219,995 shares during the last quarter. ARK Investment Management LLC boosted its position in Materialise by 28.6% during the second quarter. ARK Investment Management LLC now owns 566,508 shares of the software maker’s stock valued at $3,201,000 after buying an additional 125,948 shares during the period. Finally, Nano Cap New Millennium Growth Fund L P bought a new position in shares of Materialise during the fourth quarter valued at about $555,000. 19.30% of the stock is owned by hedge funds and other institutional investors.

About Materialise

(Get Free Report)

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.

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