Dassault Systemes (OTCMKTS:DASTY) Sees Large Volume Increase – What’s Next?

Dassault Systemes SA (OTCMKTS:DASTY) saw unusually-strong trading volume on Monday . 230,299 shares were traded during mid-day trading, a decline of 23% from the previous session’s volume of 299,960 shares.The stock last traded at $20.87 and had previously closed at $20.83.

Analysts Set New Price Targets

DASTY has been the subject of a number of research analyst reports. Zacks Research raised Dassault Systemes from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dassault Systemes in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Dassault Systemes Stock Up 1.7%

The company has a market cap of $28.43 billion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 6.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 1.70. The business’s fifty day moving average is $21.81 and its two-hundred day moving average is $22.99.

Institutional Trading of Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC increased its position in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,866 shares of the technology company’s stock after purchasing an additional 951 shares during the quarter. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 as of its most recent SEC filing. Institutional investors own 0.03% of the company’s stock.

About Dassault Systemes

Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.

The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.