MTLS Stock Summary and Trading Ideas (Materialise Nv - American Depositary Shares | NASDAQ:MTLS)

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.

Materialise Nv - American Depositary Shares trades on the NASDAQ stock market under the symbol MTLS.

As of April 23, 2024, MTLS stock price climbed to $5.17 with 38,315 million shares trading.

MTLS has a beta of 0.38, meaning it tends to be less sensitive to market movements. MTLS has a correlation of 0.01 to the broad based SPY ETF.

MTLS has a market cap of $300.74 million. This is considered a Small Cap stock.

Last quarter Materialise Nv - American Depositary Shares reported $72 million in Revenue and $.05 earnings per share. This beat revenue expectation by $6 million and missed earnings estimates by -$.01.

In the last 3 years, MTLS stock traded as high as $34.49 and as low as $4.82.

The top ETF exchange traded funds that MTLS belongs to (by Net Assets): PRNT, ARKQ, APIE, GWX, SPDW.

MTLS has underperformed the market in the last year with a return of -37.8%, while the SPY ETF gained +24.3%. In the last 3 month period, MTLS fell short of the market, returning -14.8%, while SPY returned +4.9%. However, in the most recent 2 weeks MTLS has outperformed the stock market by returning -2.1%, while SPY returned -2.5%.

MTLS support price is $4.99 and resistance is $5.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MTLS stock will trade within this expected range on the day.