Alert: Positive Investment/Fundamental Signals (11/21/23)-Materialise NV (NASDAQ: MTLS)


Extremely important positive changes in investment behavior have recently occurred for Materialise NV (NASDAQ: MTLS): its shorter term price trend turned up, and positive upside/downside volume developed.

Materialise NV (NASDAQ: MTLS). Meaningful positive changes in fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, MTLS is expected to continue to be Value Creation neutral.

Materialise has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Materialise has a neutral Power Rating of 41 but a poor Appreciation Score of 25, leading to the Negative Value Trend Rating.

Recent Price Action

Materialise NV (NASDAQ: MTLS) stock enjoyed a large increase of 2.2% on 11/21/23. The stock closed at $6.51. The stock has been extremely weak relative to the market over the last nine months but has risen 10.2% during the last week.

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