Dassault Systemes (OTCMKTS:DASTY) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Dassault Systemes (OTCMKTS:DASTY) from a strong sell rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

Other analysts have also issued reports about the company. Jefferies Financial Group reissued a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th. The Goldman Sachs Group lowered Dassault Systemes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Dassault Systemes Trading Up 2.3%

OTCMKTS:DASTY opened at $19.79 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.70 and a quick ratio of 1.70. Dassault Systemes has a one year low of $18.99 and a one year high of $38.49. The company has a market cap of $26.56 billion, a PE ratio of 18.67, a PEG ratio of 5.65 and a beta of 1.00. The firm has a 50-day moving average of $22.16 and a 200-day moving average of $23.61.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC raised its holdings in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the fourth quarter, according to its most recent 13F filing 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 quarter. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.