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 presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company.

DASTY has been the topic of several recent analyst reports. Citigroup restated a “neutral” rating on shares of Dassault Systemes in a report on Monday, July 27th. Zacks Research upgraded Dassault Systemes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd.

Dassault Systemes Stock Up 0.8%

Dassault Systemes stock opened at $26.16 on Friday. The firm has a market cap of $35.11 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 5.26 and a beta of 0.97. Dassault Systemes has a 52-week low of $18.99 and a 52-week high of $35.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.99 and a current ratio of 1.99. The firm has a 50 day moving average price of $22.24 and a two-hundred day moving average price of $22.07.

Institutional Trading of Dassault Systemes

A hedge fund recently bought a new position in Dassault Systemes stock. Douglass Winthrop Advisors LLC bought a new stake 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. The fund bought 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. 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.