Shares of Dassault Systemes SA (OTCMKTS:DASTY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $25.07, but opened at $26.38. Dassault Systemes shares last traded at $26.17, with a volume of 7,300 shares changing hands.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the stock. Citigroup reissued a “neutral” rating on shares of Dassault Systemes in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Dassault Systemes in a research report on Tuesday, September 1st. Jefferies Financial Group raised shares of Dassault Systemes to a “moderate sell” rating in a report on Friday, September 25th. Finally, Zacks Research upgraded Dassault Systemes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Dassault Systemes has a consensus rating of “Hold”.
View Our Latest Report on Dassault Systemes
Dassault Systemes Trading Down 0.3%
The company has a fifty day moving average of $24.73 and a two-hundred day moving average of $22.82. The stock has a market capitalization of $34.70 billion, a price-to-earnings ratio of 22.89, a price-to-earnings-growth ratio of 4.73 and a beta of 0.99. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.23.
Hedge Funds Weigh In On Dassault Systemes
An institutional investor recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC grew its position in Dassault Systemes SA (OTCMKTS:DASTY – Free Report) by 20.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 7,718 shares of the technology company’s stock after buying an additional 1,319 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $177,000 at the end of the most recent reporting period. 0.03% of the stock is owned by hedge funds and other institutional investors.
About Dassault Systemes
Dassault Systèmes SE is a French software company that develops three-dimensional design, engineering, simulation, manufacturing, and product-lifecycle-management solutions. Its technologies help organizations design products, model production processes, test virtual prototypes, and manage data throughout a product’s life cycle.
The company’s portfolio includes the 3DEXPERIENCE platform and applications such as CATIA for computer-aided design and engineering, SOLIDWORKS for 3D design, ENOVIA for product lifecycle management, DELMIA for manufacturing and operations, SIMULIA for simulation, and BIOVIA and MEDIDATA for scientific research and life sciences.
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