Dassault Systemes SA (OTCMKTS:DASTY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Dassault Systemes SA (OTCMKTS:DASTY) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts have recently weighed in on DASTY shares. Jefferies Financial Group restated a “buy” rating on shares of Dassault Systemes in a research note 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.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC grew its holdings in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Dassault Systemes Stock Performance

DASTY stock opened at $21.34 on Friday. The stock has a market capitalization of $28.64 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 6.25 and a beta of 1.00. Dassault Systemes has a 12-month low of $18.99 and a 12-month high of $38.49. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.12. The stock’s 50 day simple moving average is $21.96 and its 200 day simple moving average is $23.26.

About Dassault Systemes

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.