Dassault Systemes (OTCMKTS:DASTY) Trading Up 5.4% – What’s Next?

Dassault Systemes SA (OTCMKTS:DASTY)’s stock price was up 5.4% on Friday . The company traded as high as $23.47 and last traded at $23.31. Approximately 2,943 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 316,918 shares. The stock had previously closed at $22.11.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DASTY shares. Zacks Research lowered Dassault Systemes from a “hold” rating to a “strong sell” rating in a research report on Friday, May 22nd. Citigroup reissued a “neutral” rating on shares of Dassault Systemes in a research report on Friday, February 20th. The Goldman Sachs Group lowered Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Jefferies Financial Group restated a “buy” rating on shares of Dassault Systemes in a research note on Monday, April 20th. Finally, Kepler Capital Markets upgraded Dassault Systemes to a “strong-buy” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Dassault Systemes Trading Down 2.0%

The stock has a 50 day moving average of $21.94 and a 200-day moving average of $24.21. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $30.67 billion, a P/E ratio of 21.56, a P/E/G ratio of 6.14 and a beta of 1.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Dassault Systemes stock. Douglass Winthrop Advisors LLC purchased a new position in Dassault Systemes SA (OTCMKTS:DASTY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. 0.03% of the stock is owned by institutional investors and hedge funds.

Dassault Systemes Company Profile

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.