Materialise (NASDAQ:MTLS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Materialise (NASDAQ:MTLS) from a buy rating to a strong-buy rating in a research note released on Saturday.

Materialise Trading Up 1.2%

Shares of NASDAQ MTLS opened at $6.69 on Friday. The company’s 50 day simple moving average is $6.74 and its 200 day simple moving average is $5.96. Materialise has a fifty-two week low of $4.78 and a fifty-two week high of $7.50. The firm has a market capitalization of $395.18 million, a P/E ratio of 33.45 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.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MTLS. Pacer Advisors Inc. increased 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 purchasing an additional 2,546 shares during the last quarter. Quadrature Capital Ltd bought a new position in Materialise during the fourth quarter worth about $56,000. Granite Investment Partners LLC acquired a new position in shares of Materialise during the 1st quarter worth about $58,000. Osaic Holdings Inc. increased its stake in shares of Materialise by 1,453.3% in the 2nd quarter. Osaic Holdings Inc. now owns 11,650 shares of the software maker’s stock valued at $66,000 after acquiring an additional 10,900 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its position in shares of Materialise by 209.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 13,092 shares of the software maker’s stock valued at $73,000 after acquiring an additional 8,861 shares during the period. 19.30% of the stock is currently owned by institutional investors.

Materialise Company Profile

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.