Dassault Systemes (OTCMKTS:DASTY) Stock Price Down 5.1% – What’s Next?

Dassault Systemes SA (OTCMKTS:DASTY) shares traded down 5.1% during mid-day trading on Thursday . The stock traded as low as $21.1380 and last traded at $21.15. 26,106 shares were traded during trading, a decline of 91% from the average session volume of 306,716 shares. The stock had previously closed at $22.2790.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on DASTY shares. Kepler Capital Markets upgraded Dassault Systemes to a “strong-buy” rating in a report on Thursday, February 19th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Dassault Systemes in a research report on Monday, April 20th. Zacks Research downgraded Dassault Systemes from a “hold” rating to a “strong sell” rating in a research report on Friday, May 22nd. The Goldman Sachs Group cut Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Citigroup restated a “neutral” rating on shares of Dassault Systemes in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Dassault Systemes Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a 50 day moving average price of $22.21 and a 200-day moving average price of $24.10. The stock has a market capitalization of $28.60 billion, a price-to-earnings ratio of 20.10, a price-to-earnings-growth ratio of 6.33 and a beta of 1.00.

Institutional Trading of Dassault Systemes

An institutional investor recently raised its position in Dassault Systemes stock. GAMMA Investing LLC lifted its position in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 filing with the Securities and Exchange Commission (SEC). 0.03% of the stock is currently owned by institutional investors.

Dassault Systemes Company Profile

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.