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Materialise (MTLS) Catches Eye: Stock Adds 13.9% in Session

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Materialise NV (MTLS - Free Report) was a big mover last session, as its shares rose almost 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 52.6% in the past one-month time frame.

Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Materialise currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Internet - Software space is PAYLOCITY HOLDING CORP (PCTY - Free Report) , sporting 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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