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Materialise NV (MTLS) Looks Good: Stock Gains 5.9% in Session

Zacks

Materialise NV MTLS was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $11.60 –$13.98 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no estimate revision in the past 30 days, as a result of which, the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future

Materialisecurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Materialise NV Price and Consensus


A better-ranked stock in the Internet – Software industry is AppFolio, Inc. APPF, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is MTLS going up? Or down? Predict to see what others think: Up or Down

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