Dassault Systemes (OTCMKTS:DASTY) Hits New 1-Year Low – What’s Next?

Dassault Systemes SA (OTCMKTS:DASTY)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $26.2250 and last traded at $26.46, with a volume of 83758 shares changing hands. The stock had previously closed at $27.39.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DASTY. Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research note on Thursday, December 11th. Rothschild Redb upgraded Dassault Systemes to a “hold” rating in a report on Friday, January 9th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Dassault Systemes Trading Down 1.9%

The company has a market capitalization of $35.93 billion, a PE ratio of 28.19, a price-to-earnings-growth ratio of 6.26 and a beta of 0.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 1.55. The company’s fifty day moving average is $27.77 and its 200-day moving average is $30.18.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC raised its holdings in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,866 shares of the technology company’s stock after buying an additional 951 shares during the quarter. 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 currently owned by hedge funds and other institutional investors.

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.