Trent Capital Management Inc. NC bought a new position in voxeljet AG (NYSE:VJET) during the second quarter, Holdings Channel reports. The institutional investor bought 32,700 shares of the technology company’s stock, valued at approximately $143,000.
voxeljet AG (NYSE VJET) opened at 4.20 on Thursday. voxeljet AG has a 1-year low of $2.61 and a 1-year high of $6.00. The company has a 50-day moving average price of $4.50 and a 200 day moving average price of $3.85. The stock’s market cap is $78.12 million.
ILLEGAL ACTIVITY WARNING: This article was first published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & international copyright and trademark law. The original version of this article can be read at https://www.tickerreport.com/banking-finance/2796353/trent-capital-management-inc-nc-invests-143000-in-voxeljet-ag-vjet.html.
A number of brokerages have recently weighed in on VJET. ValuEngine downgraded voxeljet AG from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research downgraded voxeljet AG from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Cowen and Company upgraded voxeljet AG from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $3.00 to $5.50 in a research note on Monday, May 15th. Citigroup Inc. restated a “buy” rating and issued a $5.00 target price (up previously from $3.50) on shares of voxeljet AG in a research note on Monday, May 15th. Finally, Piper Jaffray Companies boosted their target price on voxeljet AG from $5.00 to $8.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 24th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. voxeljet AG has a consensus rating of “Hold” and an average target price of $6.06.
About voxeljet AG
Voxeljet AG is a Germany-based company engaged in manufacture and sales of three-dimensional (3D) printers. The Company’s offer is aimed at industrial companies active in fields such as aerospace, automotive, engineering, architecture, science, medicine, art, film and entertainment. The Company is divided in two business areas: voxeljet SYSTEMS and voxeljet SERVICES.
Want to see what other hedge funds are holding VJET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for voxeljet AG (NYSE:VJET).
Receive News & Ratings for voxeljet AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for voxeljet AG and related companies with MarketBeat.com's FREE daily email newsletter.