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

Dassault Systemes SA (OTCMKTS:DASTY) has received an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings 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.

Several research firms have recently weighed in on DASTY. Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a research report on Monday, April 20th. Zacks Research upgraded shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Finally, Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research report on Monday, July 27th.

Dassault Systemes Stock Up 3.1%

Dassault Systemes stock opened at $24.74 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 1.70. Dassault Systemes has a 52-week low of $18.99 and a 52-week high of $35.20. The firm has a 50 day moving average price of $21.47 and a two-hundred day moving average price of $22.28. The firm has a market cap of $33.20 billion, a price-to-earnings ratio of 21.89, a PEG ratio of 4.83 and a beta of 0.97.

Institutional Investors Weigh In On Dassault Systemes

An institutional investor recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC increased its holdings in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,866 shares of the technology company’s stock after purchasing an additional 951 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 at the end of the most recent quarter. Hedge funds and other 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.