How Worried Should Investors Be About Shapeways Holdings Inc (NASDAQ: SHPW)

Shapeways Holdings Inc (NASDAQ:SHPW) does about 97.75K shares in volume on a normal day but saw 91465722 shares change hands in Monday trading. The company now has a market cap of 3.23M USD. Its current market price is $0.49, marking an increase of 132.19% compared to the previous close of $0.21. The 52 week high reached by this stock is $5.53 whilst the lowest price level in 52 weeks is $0.20.

Shapeways Holdings Inc (SHPW) has a 20-day trading average at $0.9176 and the current price is -91.18% off the 52-week high compared with 142.59% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1250 and its 200-day simple moving average is $1.8996. If we look at the stock’s price movements over the week, volatility stands at 54.85%, which decreases to 22.85% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 33.77 to suggest the stock is neutral.

The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 83.67% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 26, 2021 when Needham initiated the stock to “Buy” and issued a price target of $12. Stifel initiated its price target at $13.

Shapeways Holdings Inc (SHPW) stock is down -31.13% over the week and -53.56% over the past month. Its price is -80.50% year-to-date and -88.28% over the past year.

To reach the target analysts have set, the stock logically needs to grow 83.67 percent from here.

The company has a return on investment of -151.89% and return on equity of -92.82%. The beta has a value of 0.84. Price to book ratio is 0.12 and price to sales ratio is 0.09.