A mini human liver was 'printed' with a 3-D printer by a company called Organovo Holdings, Inc. (ONVO). The liver lasted for 40 days, a lot longer than the company's previously 3D printed livers, which lasted only five days. The company's work could be a solution to he needs of the people waiting for liver transplants.
Organovo, which trades on the New York Stock Exchange, specializes in 3D bioprinting technology was founded in 2007. As of September 30, 2013, the Company had cash and cash equivalents of approximately $53.4 million. The company just reported earnings; for the three months ended September 30, 2013, revenues were less than $0.1 million, which was $0.4 million or 95% below the approximately $0.5 million in revenues for the same period last year.
There are other uses for 3-D printers, such as printing houses and cars. You can choose from about ten 3D printing related stocks that have been identified by WallStreetNewsNetwork.com, many of them
with large market caps.
One example is Stratasys (SSYS), which produces
three-dimensional printers, rapid prototyping systems, and related
consumable materials. This Minnesota based company was founded in 1989. The company is debt free
with $148 million in cash. The stock trades at 50 times forward
earnings. Although the latest quarterly earnings were negative, revenues increased by 115%.
3D Systems (DDD) is a Rock Hill, South
Carolina based company, founded in 1986, which produces 3D printers and
related products. The stock trades at 152 times current earnings and 55
times forward earnings. Earnings for the latest reported quarter were
up 31% on a 50% rise in revenues.
If you want a free list of all the 3-D printing companies, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
1 comment:
Thanks for your feedback. 3D printing will be one of the major industries in the next few years.
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