jaxdog

$DDD Beats on Earnings over 1200% Increase in Volume!

Long
jaxdog Updated   
NYSE:DDD   3D Systems Corporation
Here's one that's hard to ignore with over 45mm shares traded and volume up over 1200% on average daily volume of about 4mm shares. I have an Alert set at 23.68. Probably won't take this trade today but it is on my watch list to see what happen over the next couple of days. Ideas, not investing / trading advice.

From earningswhispers.com:

3D Systems Beats

3D Systems (DDD) reported 1st Quarter March 2021 earnings of $0.17 per share on revenue of $146.1 million. The consensus earnings estimate was $0.02 per share on revenue of $136.6 million. The Earnings Whisper number was $0.03 per share. Revenue grew 8.5% on a year-over-year basis.

3D Systems Corp through its subsidiaries is engaged in providing 3D printing centric solutions, including 3D printers, print materials and cloud sourced custom parts.
Comment:
5/11 price alert triggered just as I posted. Still I'm waiting to see what the next few days offer. But, that volume is a big institutional footprint!
Trade active:
5/21 Opened a new position @ $27.27 Stop below 21 ema

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