Dassault Systemes (OTCMKTS:DASTY) Trading Down 4.8% – Time to Sell?

Dassault Systemes SA (OTCMKTS:DASTY)’s share price was down 4.8% on Thursday . The company traded as low as $24.1640 and last traded at $24.1640. 5,487 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 291,831 shares. The stock had previously closed at $25.39.

Wall Street Analyst Weigh In

DASTY has been the topic of several recent research reports. Citigroup restated a “neutral” rating on shares of Dassault Systemes in a research report on Monday, July 27th. Zacks Research upgraded Dassault Systemes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Systemes in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Dassault Systemes currently has an average rating of “Moderate Buy”.

Dassault Systemes Price Performance

The business’s 50-day moving average price is $21.87 and its 200 day moving average price is $22.16. 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 company has a market capitalization of $33.62 billion, a P/E ratio of 22.17, a price-to-earnings-growth ratio of 4.93 and a beta of 0.97.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Dassault Systemes stock. Douglass Winthrop Advisors LLC purchased a new position in Dassault Systemes SA (OTCMKTS:DASTY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. 0.03% of the stock is currently owned by hedge funds and other 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.