Dassault Systemes (OTCMKTS:DASTY) Sees Strong Trading Volume – Should You Buy?

Dassault Systemes SA (OTCMKTS:DASTYGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 230,299 shares were traded during mid-day trading, a decline of 23% from the previous session’s volume of 299,960 shares.The stock last traded at $20.87 and had previously closed at $20.83.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on DASTY. Jefferies Financial Group reaffirmed 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 research note on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Get Our Latest Analysis on DASTY

Dassault Systemes Stock Down 0.8%

The company has a market cap of $28.14 billion, a P/E ratio of 19.78, a price-to-earnings-growth ratio of 6.19 and a beta of 1.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a fifty day moving average price of $21.74 and a two-hundred day moving average price of $22.90.

Hedge Funds Weigh In On Dassault Systemes

An institutional investor recently bought a new position in Dassault Systemes stock. Douglass Winthrop Advisors LLC bought a new position in Dassault Systemes SA (OTCMKTS:DASTYFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. 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

(Get Free Report)

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.

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