Dassault Systemes SA (OTCMKTS:DASTY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Dassault Systemes SA (OTCMKTS:DASTY) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several analysts have recently weighed in on the company. Citigroup restated a “neutral” rating on shares of Dassault Systemes in a report on Monday, July 27th. Zacks Research upgraded shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd.

Hedge Funds Weigh In On Dassault Systemes

A hedge fund recently bought a new position in Dassault Systemes stock. Douglass Winthrop Advisors LLC purchased a new position in shares of Dassault Systemes SA (OTCMKTS:DASTY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Dassault Systemes Trading Up 0.8%

Shares of DASTY stock opened at $26.16 on Friday. Dassault Systemes has a twelve month low of $18.99 and a twelve month high of $35.20. The stock’s fifty day simple moving average is $22.24 and its 200 day simple moving average is $22.07. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $35.11 billion, a P/E ratio of 23.15, a P/E/G ratio of 5.26 and a beta of 0.97.

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.