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

Dassault Aviation société anonyme (OTCMKTS:DUAVF) gapped up prior to trading on Tuesday . The stock had previously closed at $337.6520, but opened at $365.10. Dassault Aviation société anonyme shares last traded at $341.3120, with a volume of 12 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Dassault Aviation société anonyme to a “hold” rating in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Dassault Aviation société anonyme Trading Up 0.6%

The firm has a 50 day simple moving average of $352.09 and a two-hundred day simple moving average of $361.15. The company has a market capitalization of $26.23 billion and a PE ratio of 6.25.

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.