Watch for Continued Losses in Shares of Materialise NV (MTLS)

July 15, 2021 12:48:46

Shares of Materialise NV (NASDAQ:MTLS) traded at a new 52-week low today of $19.88. Approximately 282,000 shares have changed hands today, as compared to an average 30-day volume of 634,000 shares.

Materialise NV is a provider of 3D printing services. The products and services of the group are organized in the three segments: Medical segment, which develops and delivers medical software solutions, medical devices, and other related products and services; Software segment, which develops and delivers additive manufacturing software solutions and related services; and Manufacturing segment, which delivers 3D printed products and related services. Its geographical segments are the United States, the Americas (excluding the USA), Belgium, Germany, France, Switzerland, the United Kingdom, Italy, Netherlands, Other Europe, and the Asia Pacific.

Over the past year, Materialise NV has traded in a range of $19.88 to $87.40 and is now at $20.03.

Materialise NV (NASDAQ:MTLS) is currently priced 33.3% above its average consensus analyst price target of $13.36.

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