Dassault Systemes (OTCMKTS:DASTY) Reaches New 12-Month High – What’s Next?

Dassault Systemes SA (OTCMKTS:DASTY)’s stock price reached a new 52-week high during trading on Wednesday. The stock traded as high as $29.09 and last traded at $28.82, with a volume of 11,334 shares trading hands. The stock had previously closed at $27.95.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Jefferies Financial Group reissued an “underperform” rating on shares of Dassault Systemes in a report on Wednesday, October 28th. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Dassault Systemes in a report on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Dassault Systemes Stock Up 3.7%

The stock has a market cap of $38.90 billion, a P/E ratio of 25.21, a price-to-earnings-growth ratio of 4.38 and a beta of 0.92. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average is $25.20 and its 200-day moving average is $23.23.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Dassault Systemes stock. CHICAGO TRUST Co NA acquired a new stake in shares of Dassault Systemes SA (OTCMKTS:DASTY) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 11,937 shares of the technology company’s stock, valued at approximately $278,000. Institutional investors and hedge funds own 0.03% of the company’s stock.

Dassault Systemes Company Profile

Dassault Systèmes SE is a France-based software company that develops three-dimensional design, engineering, simulation, manufacturing, and product-lifecycle management solutions. Its technologies help organizations create, test, manufacture, and manage products and processes in virtual environments.

The company’s principal offering is the 3DEXPERIENCE platform, which connects design, engineering, simulation, manufacturing, and collaboration tools. Its portfolio includes CATIA for computer-aided design and engineering, SOLIDWORKS for 3D design, SIMULIA for simulation, DELMIA for manufacturing and operations, ENOVIA for product lifecycle management, and BIOVIA for scientific modeling and materials science.