Dassault Aviation société anonyme (OTCMKTS:DUAVF) Stock Price Up 8.3% – Still a Buy?

Shares of Dassault Aviation société anonyme (OTCMKTS:DUAVF) traded up 8.3% on Thursday. The stock traded as high as $346.60 and last traded at $346.60. 25 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 281 shares. The stock had previously closed at $320.00.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Aviation société anonyme in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dassault Aviation société anonyme currently has an average rating of “Moderate Buy”.

Dassault Aviation société anonyme Trading Up 4.9%

The business has a 50-day moving average price of $333.91 and a 200-day moving average price of $342.99.

Dassault Aviation société anonyme Company Profile

Dassault Aviation société anonyme is a French aerospace company that designs, develops, manufactures and supports military aircraft, business jets and related aerospace systems. The company serves government, defense and corporate customers in France and international markets.

Its military aviation portfolio includes the Rafale multirole fighter, while its civil aviation business operates under the Falcon brand and offers long-range, large-cabin and super-midsize business jets. Dassault Aviation also provides aircraft maintenance, repair and overhaul, customer support, training and associated services throughout the life cycle of its aircraft.

The company traces its origins to 1929, when Marcel Bloch established an aircraft manufacturing business in France.