3D systems annonces a very good Q4 in sales and hit 25% more revenue than the expectation. The share doubled yesterday and all the additive manufacturing sector benefited from that ! Thats encouraging for SLM who is a major competitor of 3D system in metal additive manufacturing, so we can expect some rebound in machine sales in Q4 2020.
Also as a side note on other companies in additive : I have also some shares of Prodways that I would recommend who's a big competitor of 3D system a bit under the radar for now : Prodways /// 3D systems Market Capitalisation : 120M /// 2.8B Revenue : 70M /// 630 M Price to sales ratio : 1.7 /// 4.4 !!!
Prodways did not yet benefited from this good news flow and seems undervalued but might get positive surprise on yearly announces to come.
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