Dassault Systemes SA (OTCMKTS:DASTY) Short Interest Update

Dassault Systemes SA (OTCMKTS:DASTY) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 320,070 shares, a decline of 45.2% from the February 26th total of 584,435 shares. Based on an average daily trading volume, of 1,233,426 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Dassault Systemes Price Performance

Shares of OTCMKTS:DASTY traded down $0.39 during trading on Friday, reaching $19.08. The stock had a trading volume of 235,522 shares, compared to its average volume of 518,709. The stock has a market capitalization of $25.60 billion, a PE ratio of 18.89, a P/E/G ratio of 5.31 and a beta of 1.01. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.60 and a quick ratio of 1.55. Dassault Systemes has a 52 week low of $18.99 and a 52 week high of $39.30. The business’s 50-day moving average price is $23.07 and its 200 day moving average price is $27.40.

Institutional Investors Weigh In On Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. GAMMA Investing LLC boosted its position in Dassault Systemes SA (OTCMKTS:DASTY) by 49.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,866 shares of the technology company’s stock after acquiring an additional 951 shares during the period. GAMMA Investing LLC’s holdings in Dassault Systemes were worth $80,000 at the end of the most recent quarter. 0.03% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on DASTY shares. The Goldman Sachs Group cut shares of Dassault Systemes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Kepler Capital Markets upgraded shares of Dassault Systemes to a “strong-buy” rating in a research report on Thursday, February 19th. Citigroup reissued a “neutral” rating on shares of Dassault Systemes in a research note on Friday, February 20th. Finally, Rothschild & Co Redburn upgraded shares of Dassault Systemes to a “hold” rating in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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.