PRLB - Proto Labs: Interesting Crossroads
2024-05-28 06:45:06 ET
Summary
- Proto Labs, a custom-made manufacturing company, has experienced a re-rating in its stock and lower valuation due to stagnant sales growth.
- The company offers production technologies such as injection molding, sheet metal fabrication, CNC machining, and 3D printing.
- Despite the creation of the Proto Labs Network, there are no immediate triggers for the stock to perform better.
It was the spring of 2021 when I offered some thoughts on shares of Proto Labs ( PRLB ) after a period of excessive volatility. The custom-made manufacturer became the subject of the hype around 3D companies, at the time lifting, and subsequently sinking, its boat as well....
Proto Labs: Interesting Crossroads