Dassault Aviation société anonyme (OTCMKTS:DUAVF) Shares Gap Down – Here’s Why

Dassault Aviation société anonyme (OTCMKTS:DUAVF)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $340.4345, but opened at $323.36. Dassault Aviation société anonyme shares last traded at $323.36, with a volume of 1,560 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DUAVF. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dassault Aviation société anonyme in a research note on Friday, January 30th. Citigroup reaffirmed a “buy” rating on shares of Dassault Aviation société anonyme in a research note on Friday, January 16th. Finally, Zacks Research raised shares of Dassault Aviation société anonyme to a “hold” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Dassault Aviation société anonyme has an average rating of “Hold”.

Dassault Aviation société anonyme Price Performance

The company has a market cap of $25.17 billion and a price-to-earnings ratio of 6.25. The business’s fifty day moving average price is $373.95 and its 200 day moving average price is $357.84.

About Dassault Aviation société anonyme

Dassault Aviation société anonyme is a French aerospace company specializing in the design, manufacture and support of military combat aircraft and business jets. The company operates two primary divisions: a defense arm that develops and produces fighter and unmanned combat vehicles, and a civil aviation arm known for its Falcon family of high-performance executive aircraft. Dassault Aviation serves both national armed forces and corporate operators worldwide, offering turnkey solutions that include aircraft sales, maintenance, training and mission support services.

Founded in 1929 by aeronautical engineer Marcel Bloch (later known as Marcel Dassault), the company established its reputation in military aviation with iconic programs such as the Mirage series of jet fighters.