Dallas, Texas 07/08/2013 (Financialstrend) – Shares of Stratasys, Ltd. (NASDAQ:SSYS) reflected strong optimism on behalf of their shareholders, with the stock gradually moving towards the 52-week high price level. The share price almost reached the one-month high and is further surging to new peaks every day. While the highest price of Stratasys, Ltd. (NASDAQ:SSYS) recorded in the past 52 weeks is at around $95.00 per share, the stock is currently at the level of $90.92 per share and is further soaring. Investors may expect the share price to touch and readjust its 52-week price to a new level in the near future. Such an effective increase in the share price of Stratasys, Ltd. (NASDAQ:SSYS) sent a strong sense of confidence to the investors, who are attempting to cash-in their profits.
Shares of Stratasys, Ltd. (NASDAQ:SSYS) closed at $90.92 per share on Friday, recording an increase of 7.85 percent for the day. The stock price fluctuated during the day between $84.83 and $91.00, after opening at $85.93 on Friday. Shares of Stratasys, Ltd. (NASDAQ:SSYS) have a 52-week low price of $45.98 and a 52-week high price of $94.90.
As for the specific percentage of the equity ownership structure in the company, institutional owners do not hold any part of the total equity capital in Stratasys, Ltd. (NASDAQ:SSYS) and the market capitalization is $3.26 billion. The company recorded an average volume of trading at 699,989.00 shares per day.
Stratasys, Ltd. (NASDAQ:SSYS) is an additive manufacturing company which deals with the creation of parts used in the process of designing and manufacturing products. Stratasys, Ltd. (NASDAQ:SSYS) operates seven brands including desktop 3D printers, rapid prototyping and Direct digital manufacturing among others. Stratasys, Ltd.’s (NASDAQ:SSYS) employee size is around 1100 and the company holds more than 500 additive manufacturing patents globally.