Dassault Systemes SA (OTCMKTS:DASTY) Stock Rated "Hold" by Wall Street Analysts

Key Points

• Analysts rate Dassault Systèmes “Hold” overall: Of seven covering analysts, five recommend holding, one rates it a sell, and one gives it a strong-buy rating.
• Institutional ownership remains limited, though GAMMA Investing increased its stake by 20.6% in the third quarter to 7,718 shares valued at approximately $177,000.
• Shares opened at $24.45, with a $32.81 billion market capitalization and a 52-week trading range of $18.99 to $35.20. Dassault Systèmes develops 3D design, engineering, simulation, manufacturing, and product-lifecycle-management software.

Shares of Dassault Systemes SA (OTCMKTS:DASTY - Get Free Report) have been given a consensus rating of "Hold" by the seven analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company.

DASTY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Dassault Systemes in a research report on Tuesday, September 1st. Citigroup reissued a "neutral" rating on shares of Dassault Systemes in a research note on Monday, July 27th. Jefferies Financial Group upgraded Dassault Systemes to a "moderate sell" rating in a report on Friday, September 25th. Finally, Zacks Research raised shares of Dassault Systemes from a "strong sell" rating to a "hold" rating in a research note on Monday, June 22nd.

Institutional Investors Weigh In On Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC lifted its position in Dassault Systemes SA (OTCMKTS:DASTY - Free Report) by 20.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,718 shares of the technology company's stock after acquiring an additional 1,319 shares during the quarter. GAMMA Investing LLC's holdings in Dassault Systemes were worth $177,000 as of its most recent filing with the SEC. 0.03% of the stock is currently owned by institutional investors and hedge funds.

Dassault Systemes Stock Performance

Shares of OTCMKTS DASTY opened at $24.45 on Monday. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $32.81 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 4.61 and a beta of 0.99. The stock's fifty day simple moving average is $24.68 and its 200 day simple moving average is $22.65. Dassault Systemes has a 52-week low of $18.99 and a 52-week high of $35.20.

About Dassault Systemes

Dassault Systèmes SE is a French software company that develops three-dimensional design, engineering, simulation, manufacturing, and product-lifecycle-management solutions. Its technologies help organizations design products, model production processes, test virtual prototypes, and manage data throughout a product's life cycle.

The company's portfolio includes the 3DEXPERIENCE platform and applications such as CATIA for computer-aided design and engineering, SOLIDWORKS for 3D design, ENOVIA for product lifecycle management, DELMIA for manufacturing and operations, SIMULIA for simulation, and BIOVIA and MEDIDATA for scientific research and life sciences.

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