Dassault Systemes (OTCMKTS:DASTY) Shares Up 7.8% – Should You Buy?

Dassault Systemes SA (OTCMKTS:DASTYGet Free Report)’s stock price rose 7.8% during trading on Friday . The stock traded as high as $22.73 and last traded at $22.63. Approximately 23,087 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 298,348 shares. The stock had previously closed at $20.99.

Key Stories Impacting Dassault Systemes

Here are the key news stories impacting Dassault Systemes this week:

Analyst Ratings Changes

Several research firms have recently weighed in on DASTY. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th. Zacks Research raised shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Dassault Systemes has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on Dassault Systemes

Dassault Systemes Stock Performance

The stock has a 50-day moving average of $21.44 and a 200 day moving average of $22.55. The firm has a market capitalization of $30.25 billion, a P/E ratio of 21.26, a price-to-earnings-growth ratio of 5.95 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.

Institutional Trading of Dassault Systemes

A hedge fund recently bought a new stake in Dassault Systemes stock. Douglass Winthrop Advisors LLC bought a new position in Dassault Systemes SA (OTCMKTS:DASTYFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. Institutional investors and hedge funds own 0.03% of the company’s stock.

About Dassault Systemes

(Get Free Report)

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.

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