Dassault Aviation société anonyme (OTCMKTS:DUAVF) Shares Gap Down – What’s Next?

Dassault Aviation société anonyme (OTCMKTS:DUAVF) gapped down before the market opened on Wednesday . The stock had previously closed at $370.00, but opened at $347.1050. Dassault Aviation société anonyme shares last traded at $347.1050, with a volume of 6 shares changing hands.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DUAVF. Zacks Research raised Dassault Aviation société anonyme to a “hold” rating in a report on Friday, April 24th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dassault Aviation société anonyme in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Dassault Aviation société anonyme Stock Down 6.2%

The business has a 50-day simple moving average of $337.53 and a 200-day simple moving average of $363.69. The company has a market cap of $26.97 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.