Materialise (NASDAQ:MTLS) Stock Rating Upgraded by Wall Street Zen

Materialise (NASDAQ:MTLS) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

Materialise Stock Performance

Shares of NASDAQ:MTLS opened at $6.61 on Friday. The firm has a market capitalization of $390.45 million, a PE ratio of 33.05 and a beta of 1.34. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.42 and a quick ratio of 2.24. The business has a 50-day moving average of $6.74 and a two-hundred day moving average of $5.95. Materialise has a 12 month low of $4.78 and a 12 month high of $7.50.

Institutional Trading of Materialise

A number of institutional investors and hedge funds have recently bought and sold shares of MTLS. Pacer Advisors Inc. raised its holdings in Materialise by 116.8% in the fourth quarter. Pacer Advisors Inc. now owns 4,726 shares of the software maker’s stock valued at $26,000 after buying an additional 2,546 shares during the period. Quadrature Capital Ltd acquired a new position in Materialise during the fourth quarter valued at approximately $56,000. Osaic Holdings Inc. grew its stake in Materialise by 1,453.3% during the second quarter. Osaic Holdings Inc. now owns 11,650 shares of the software maker’s stock worth $66,000 after buying an additional 10,900 shares during the period. Granite Investment Partners LLC purchased a new stake in Materialise during the first quarter worth approximately $58,000. Finally, NewEdge Advisors LLC increased its position in shares of Materialise by 19,063.2% in the second quarter. NewEdge Advisors LLC now owns 13,031 shares of the software maker’s stock worth $74,000 after acquiring an additional 12,963 shares in the last quarter. Institutional investors and hedge funds own 19.30% of the company’s stock.

About Materialise

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.