Dassault Systemes (OTCMKTS:DASTY) Upgraded at Wall Street Zen

Key Points

• Dassault Systemes has been upgraded from a "hold" rating to a "buy" rating by Wall Street Zen, reflecting positive sentiment among analysts.
• Goldman Sachs has also raised Dassault Systemes' rating to a "strong-buy"**, highlighting increased confidence in the company's potential.
• As of Monday, shares of Dassault Systemes opened at $35.08**, with a market capitalization of $47.03 billion** and a favorable debt-to-equity ratio of 0.23**.

Dassault Systemes (OTCMKTS:DASTY - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Monday.

Separately, The Goldman Sachs Group upgraded Dassault Systemes to a "strong-buy" rating in a research note on Friday, June 6th.

Dassault Systemes Price Performance

Shares of DASTY traded down $0.32 during trading hours on Monday, hitting $33.03. 138,430 shares of the company were exchanged, compared to its average volume of 116,093. The company has a market capitalization of $44.29 billion, a PE ratio of 35.90, a PEG ratio of 4.43 and a beta of 0.99. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a fifty day simple moving average of $36.61 and a 200-day simple moving average of $38.28. Dassault Systemes has a one year low of $32.85 and a one year high of $44.18.

Institutional Trading of Dassault Systemes

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Riverbridge Partners LLC bought a new stake in shares of Dassault Systemes in the 1st quarter worth about $206,000. Rhumbline Advisers increased its stake in Dassault Systemes by 18.9% in the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company's stock worth $795,000 after buying an additional 3,306 shares during the period. Yousif Capital Management LLC increased its stake in Dassault Systemes by 7.4% in the 2nd quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company's stock worth $808,000 after buying an additional 1,550 shares during the period. Boston Common Asset Management LLC increased its stake in Dassault Systemes by 38.0% in the 1st quarter. Boston Common Asset Management LLC now owns 40,184 shares of the technology company's stock worth $1,517,000 after buying an additional 11,066 shares during the period. Finally, Azimuth Capital Investment Management LLC increased its stake in Dassault Systemes by 27.5% in the 1st quarter. Azimuth Capital Investment Management LLC now owns 120,425 shares of the technology company's stock worth $4,545,000 after buying an additional 25,988 shares during the period. 0.03% of the stock is owned by hedge funds and other institutional investors.

Dassault Systemes Company Profile

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.