EXONE SHARE PRICE INCREASES BY 24%, TRADING VOLUME SPIKES

3dprintingindustry.com | 11/8/2016 | Beau Jackson
shuadah (Posted by) Level 3
Click For Photo: https://3dprintingindustry.com/wp-content/uploads/2017/02/ExOne-What-is-Binder-Jetting.jpg

Investors in 3D printer manufacturer ExOne (NASDAQ: XONE) have seen the value of their holding increase significantly during the past 5 days. In this short space of time the share price of ExOne has risen from $6.47 on Friday to over $8, a gain of 23.6%.

ExOne, headquartered in North Huntingdon Pennsylvania, is the manufacturer of a range of industrial 3D printers. The company is a specialist in binder jetting technology and provides Additive Manufacturing systems and components to a range of industries including automotive, aerospace, heavy equipment and energy.

Year - Date - Share - Price - Performance

ExOne year to date share price performance. Chart via Yahoo Finance.

What is behind the growth in ExOne’s share price?

Share - Price - Increase - Increase - Trading

Matching the recent share price increase is the increase seen in trading volume of ExOne shares. Trading volume can be an important indicator of trends, and frequently share price movements will follow when a change in volume is observed. On the 20th June 2018, the volume of ExOne shares traded was 674,800. This number is the highest since August 2017.

It is also interesting to look at the number of shares traded over a longer period. Analysis of the volume of shares traded shows that in the past 5 days 2.1 million shares exchanged hands. The previous time this volume of trading in ExOne stock occured was in May 2017, when financial results were published.

Trading - Volume - Data - Yahoo - Chart

ExOne Trading Volume. Data via Yahoo, Chart by 3D Printing Industry.

Share price movements can be attributed to several factors. These include supply and demand, and the introduction of news (positive or negative) about an enterprise. The most recent significant news about ExOne was the publication of the company’s financial results for the first quarter of 2018. This took place on May 10th. The latest numbers of ExOne show a 9% increase in revenue, at $11.9 million. Also noteworthy is the...
(Excerpt) Read more at: 3dprintingindustry.com
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