Dassault Systemes (OTCMKTS:DASTY) Stock Rating Upgraded by Zacks Research

Dassault Systemes (OTCMKTS:DASTY) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Other analysts have also issued research reports about the stock. The Goldman Sachs Group lowered shares of Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group reissued a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Dassault Systemes has an average rating of “Moderate Buy”.

Dassault Systemes Price Performance

Shares of OTCMKTS DASTY opened at $19.79 on Monday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.12. Dassault Systemes has a fifty-two week low of $18.99 and a fifty-two week high of $38.49. The business has a 50 day moving average price of $22.16 and a two-hundred day moving average price of $23.61. The firm has a market cap of $26.56 billion, a PE ratio of 18.67, a price-to-earnings-growth ratio of 5.65 and a beta of 1.00.

Hedge Funds Weigh In On Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC boosted its stake in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,866 shares of the technology company’s stock after buying an additional 951 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 as of its most recent SEC filing. Institutional investors own 0.03% of the company’s stock.

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.