Dassault Systemes (OTCMKTS:DASTY) Sees Unusually-High Trading Volume – What’s Next?

Dassault Systemes SA (OTCMKTS:DASTY) saw an uptick in trading volume on Tuesday . 908,090 shares changed hands during trading, an increase of 151% from the previous session’s volume of 362,222 shares.The stock last traded at $21.43 and had previously closed at $21.77.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research report on Friday, February 20th. Rothschild & Co Redburn upgraded shares of Dassault Systemes to a “hold” rating in a report on Friday, January 9th. Kepler Capital Markets upgraded shares of Dassault Systemes to a “strong-buy” rating in a report on Thursday, February 19th. Finally, The Goldman Sachs Group lowered shares of Dassault Systemes from a “strong-buy” rating to a “hold” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Dassault Systemes currently has a consensus rating of “Moderate Buy”.

Dassault Systemes Trading Down 1.4%

The firm has a fifty day moving average of $25.64 and a 200 day moving average of $28.64. The firm has a market capitalization of $28.48 billion, a PE ratio of 21.02, a P/E/G ratio of 5.94 and a beta of 1.01. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.55 and a current ratio of 1.55.

Institutional Investors Weigh In On Dassault Systemes

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC increased its position in shares of Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,866 shares of the technology company’s stock after buying an additional 951 shares during the period. 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 owned by institutional investors and hedge funds.

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.