Dassault Systemes (OTCMKTS:DASTY) Shares Gap Down – What’s Next?

Dassault Systemes SA (OTCMKTS:DASTY)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $26.1210, but opened at $24.95. Dassault Systemes shares last traded at $24.5840, with a volume of 10,015 shares trading hands.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on DASTY shares. Zacks Research raised Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Dassault Systemes in a research note on Tuesday. Finally, Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Dassault Systemes Trading Down 6.2%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.99 and a current ratio of 1.99. The company has a market cap of $32.87 billion, a price-to-earnings ratio of 21.68, a P/E/G ratio of 5.14 and a beta of 0.98. The company’s fifty day moving average is $23.41 and its two-hundred day moving average is $22.12.

Institutional Trading of Dassault Systemes

An institutional investor recently bought a new stake in Dassault Systemes stock. Douglass Winthrop Advisors LLC purchased a new stake in Dassault Systemes SA (OTCMKTS:DASTY) in the 4th quarter, according to the company in its most recent 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.