Dassault Systemes (OTCMKTS:DASTY) Sees Large Volume Increase – Should You Buy?

Dassault Systemes SA (OTCMKTS:DASTY) shares saw unusually-high trading volume on Monday . Approximately 294,239 shares traded hands during mid-day trading, an increase of 141% from the previous session’s volume of 122,063 shares.The stock last traded at $28.24 and had previously closed at $27.44.

Wall Street Analyst Weigh In

Several analysts recently commented on DASTY shares. Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research note on Thursday, December 11th. Wall Street Zen downgraded Dassault Systemes from a “buy” rating to a “hold” rating in a report on Sunday, September 14th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Dassault Systemes Stock Performance

The stock has a market capitalization of $37.90 billion, a price-to-earnings ratio of 29.74, a price-to-earnings-growth ratio of 5.91 and a beta of 0.98. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average is $27.57 and its two-hundred day moving average is $31.41.

Institutional Investors Weigh In On Dassault Systemes

A number of hedge funds and other institutional investors have recently bought and sold shares of DASTY. GAMMA Investing LLC boosted its position in Dassault Systemes by 49.7% during the 4th quarter. GAMMA Investing LLC now owns 2,866 shares of the technology company’s stock worth $80,000 after acquiring an additional 951 shares during the last quarter. Rhumbline Advisers lifted its position in shares of Dassault Systemes by 18.9% in the first quarter. Rhumbline Advisers now owns 20,836 shares of the technology company’s stock worth $795,000 after purchasing an additional 3,306 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its holdings in Dassault Systemes by 7.4% during the second quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company’s stock worth $808,000 after purchasing an additional 1,550 shares during the last quarter. Institutional investors and hedge funds 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.