Dassault Systemes SA (OTCMKTS:DASTY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Dassault Systemes SA (OTCMKTS:DASTY) have been given an average recommendation of “Moderate Buy” by the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities analysts recently weighed in on DASTY shares. The Goldman Sachs Group cut Dassault Systemes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a research note on Monday, April 20th. Kepler Capital Markets upgraded Dassault Systemes to a “strong-buy” rating in a research report on Thursday, February 19th. Finally, Citigroup restated a “neutral” rating on shares of Dassault Systemes in a research report on Friday, February 20th.

Dassault Systemes Stock Performance

Shares of DASTY stock opened at $23.45 on Friday. The stock has a market cap of $31.47 billion, a PE ratio of 22.12, a price-to-earnings-growth ratio of 6.41 and a beta of 1.01. The business has a 50-day simple moving average of $21.38 and a 200-day simple moving average of $24.61. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.13. Dassault Systemes has a 52-week low of $18.99 and a 52-week high of $39.05.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC increased its stake in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,866 shares of the technology company’s stock after acquiring an additional 951 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 at the end of the most recent reporting period. 0.03% of the stock is owned by institutional investors.

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.