Dassault Systemes (OTCMKTS:DASTY) Hits New 52-Week High – Still a Buy?

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

Wall Street Analysts Forecast Growth

DASTY has been the subject of several analyst reports. Jefferies Financial Group restated an “underperform” rating on shares of Dassault Systemes in a research 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 reiterated a “hold” rating on shares of Dassault Systemes in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Dassault Systemes Price Performance

The stock has a fifty day moving average of $25.32 and a two-hundred day moving average of $23.24. The stock has a market capitalization of $38.77 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 4.39 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.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Dassault Systemes stock. CHICAGO TRUST Co NA acquired a new position in shares of Dassault Systemes SA (OTCMKTS:DASTY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,937 shares of the technology company’s stock, valued at approximately $278,000. 0.03% of the stock is currently owned by institutional investors and hedge funds.

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.