Dassault Systemes (OTCMKTS:DASTY) Sees Unusually-High Trading Volume – Still a Buy?

Dassault Systemes SA (OTCMKTS:DASTY) saw unusually-high trading volume on Friday . 521,643 shares were traded during trading, an increase of 74% from the previous session’s volume of 299,049 shares.The stock last traded at $23.09 and had previously closed at $23.20.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Zacks Research raised Dassault Systemes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group reissued a “buy” rating on shares of Dassault Systemes in a report on Monday, April 20th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Dassault Systemes Stock Performance

The stock has a market cap of $31.20 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 4.68 and a beta of 1.00. The stock has a fifty day moving average of $21.44 and a 200-day moving average of $22.38. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.12.

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 shares of Dassault Systemes SA (OTCMKTS:DASTY) in the 4th quarter, according to the company in its most recent 13F filing 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 institutional investors and hedge funds.

About Dassault Systemes

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.