Dassault Systemes SA (OTCMKTS:DASTY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Dassault Systemes SA (OTCMKTS:DASTY) has received a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company.

DASTY has been the topic of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Dassault Systemes in a research note on Monday, April 20th. Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research note on Monday. Finally, Zacks Research upgraded Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd.

Dassault Systemes Trading Up 3.1%

Shares of DASTY opened at $23.92 on Wednesday. Dassault Systemes has a 1-year low of $18.99 and a 1-year high of $35.20. The company has a 50-day moving average of $21.44 and a 200 day moving average of $22.45. The firm has a market capitalization of $32.10 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 4.69 and a beta of 1.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.70 and a quick ratio of 1.70.

Institutional Investors Weigh In On Dassault Systemes

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC grew its position in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,866 shares of the technology company’s stock after buying an additional 951 shares during the quarter. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 at the end of the most recent reporting period. 0.03% of the stock is owned by hedge funds and other institutional investors.

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.