Dassault Aviation société anonyme (OTCMKTS:DUAVF) Stock Price Up 8.7% – Still a Buy?

Dassault Aviation société anonyme (OTCMKTS:DUAVF)’s stock price rose 8.7% during mid-day trading on Thursday . The company traded as high as $360.00 and last traded at $360.00. 78 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 317 shares. The stock had previously closed at $331.30.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Dassault Aviation société anonyme to a “hold” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Dassault Aviation société anonyme Stock Up 3.5%

The business has a 50-day simple moving average of $334.23 and a 200-day simple moving average of $363.13. The stock has a market cap of $26.64 billion and a P/E ratio of 6.25.

About Dassault Aviation société anonyme

Dassault Aviation société anonyme is a French aerospace company specializing in the design, manufacture and support of military combat aircraft and business jets. The company operates two primary divisions: a defense arm that develops and produces fighter and unmanned combat vehicles, and a civil aviation arm known for its Falcon family of high-performance executive aircraft. Dassault Aviation serves both national armed forces and corporate operators worldwide, offering turnkey solutions that include aircraft sales, maintenance, training and mission support services.

Founded in 1929 by aeronautical engineer Marcel Bloch (later known as Marcel Dassault), the company established its reputation in military aviation with iconic programs such as the Mirage series of jet fighters.