- 3D Systems (NYSE:DDD) has gradually rallied today to its highest levels since early March. Volume (2.61M shares) is already near a 3-month daily average of 2.64M.
- Friday short-covering could be helping the beaten-down 3D printer maker's cause: As noted by SA author Bill Maurer, 38.6M shares were shorted as of March 13, a record high and equal to over 36% of the float.
- 3D currently trades for 32x 2015E EPS and 24x 2016E EPS. 2015 and 2016 revenue growth consensus estimates are respectively at 31.3% and 23%.
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Four days ago: 3D Systems buys Chinese 3D printing services firm