02/11/2013
[ACCESSWIRE]
New York, NY 02-11-13- Small-Caps In the 3D Printing arena on watch include: Sigma Labs, Inc. (OTCQB: SGLB), Organovo Holdings, Inc. (OTCQX: ONVO), Cimatron Ltd. (NASDAQ: CIMT)
The potential market for additive manufacturing, or 3D printing, is so staggering that money is pouring into company coffers creating substantial market values. The printer manufacturers, the software companies and the businesses creating products from the 3D printing process are booming. 3D printing is "worth my time, attention, money, and effort," Jeffrey Immelt, chief executive of GE, said at an Atlantic conference on the future of manufacturing. As with any emerging market, there are a few stocks on the horizon, beyond the sights of big time investors, waiting to be noticed.
Statasys Ltd. (NASDAQ: SSYS) is a manufacturer of 3D printers with a market cap of $1.78 billion and trades at 96 times earnings (ttm). Shares of SSYS have a trading range of $32.87 - $92.30 in the past 52 weeks with the trend being steadily upward. 3D Systems Corp (NYSE: DDD), also a manufacturer of 3D printers has a market cap of $3.82 billion and trading at 98 times (ttm) earnings. The company’s 52 week share price range has been $20.30 - $71.98 with a yearlong trend of moving upward.
The companies providing software for 3D printing are dominated by large, integrated software producers who serve the manufacturing industry, such as PTC, Inc. (NASDAQ: PMTC) and Autodesk, Inc. (NASDAQ: ADSK) with market caps of $2.85 billion and $8.74 billion respectively.
Some small cap companies in the 3D Printing arena on the horizon to watch are Organovo Holdings, Inc. (OTCQX: ONVO), Sigma Labs, Inc. (OTCQB: SGLB) and Cimatron Ltd. (NASDAQ: CIMT). Cimatron Ltd. designs, develops, and supports computer-aided design/computer aided manufacturing (CAD/CAM) software products. This Israel based company has a market cap of $89 million with 9.2 million shares outstanding. The CIMT financials (12-31-11) showed revenues of $40million with net income of 6.5%. (Join free to receive updates on which 3D printing companies we are following: http://otcbbjournal.com/)
Sigma Labs, Inc., through its subsidiaries, develops manufacturing solutions and materials technologies, as well as R&D solutions for first-tier integrators and high-level consultation to Federal government and commercial clients. The company recently filed a new provisional patent application. Dr. Vivek Dave, Executive Vice President of Sigma Labs, stated that "Metal parts for critical applications in aerospace, defense and biomedical parts require very strict quality control. Additive manufacturing or 3D Printing is a great way to make metal parts, yet one problem the industry currently faces is how to assure the quality. Our newly filed patent application discloses original technology that will allow the use of real-time, on-machine measurements to rapidly qualify additive manufacturing processes and certify parts made using these methods." SGLB has a market cap of $11.4 million, trading volume of 1.1 million shares/day and a 52 week share price range of $.0035 - $.048. (Join free to receive updates on which 3D printing companies we are following: http://otcbbjournal.com/)
Organovo Holdings, Inc. designs and creates functional human tissues using a proprietary three dimensional bio-printing technology. The company announced its intention to redeem two classes of outstanding warrants initially issued to investors participating in private placement financings in 2011 and 2012. The warrant redemption will enable Organovo to significantly improve its balance sheet, possibly to qualify to list its common stock on the NYSE MKT or NASDAQ exchange. ONVO has a market cap of $220 million, 46.9 million shares outstanding with a 20.7 million float (both figures a/o Sept. 2012). The 52 week share price range is $1.39 - $10.90 and almost 1 million shares are traded daily. (Join free to receive updates on which 3D printing companies we are following: http://otcbbjournal.com/)
3D printing is a method of manufacturing that is set for tremendous growth. Still in its infancy, this industry has a lot of companies in the periphery with great ideas and technologies.
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