Dassault Systemes (OTCMKTS:DASTY) Reaches New 1-Year Low – Should You Sell?

Shares of Dassault Systemes SA (OTCMKTS:DASTY) reached a new 52-week low during trading on Tuesday . The stock traded as low as $19.1770 and last traded at $19.20, with a volume of 123077 shares traded. The stock had previously closed at $21.03.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Rothschild & Co Redburn upgraded Dassault Systemes to a “hold” rating in a research note on Friday, January 9th. Citigroup restated a “neutral” rating on shares of Dassault Systemes in a report on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Dassault Systemes currently has an average rating of “Buy”.

Dassault Systemes Price Performance

The business’s fifty day simple moving average is $27.21 and its 200 day simple moving average is $29.53. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a market cap of $26.51 billion, a price-to-earnings ratio of 19.56, a price-to-earnings-growth ratio of 5.74 and a beta of 0.98.

Institutional Investors Weigh In On Dassault Systemes

Hedge funds and other institutional investors have recently modified their holdings of the stock. Yousif Capital Management LLC grew its stake in Dassault Systemes by 7.4% in the second quarter. Yousif Capital Management LLC now owns 22,389 shares of the technology company’s stock worth $808,000 after purchasing an additional 1,550 shares in the last quarter. Douglass Winthrop Advisors LLC acquired a new stake in shares of Dassault Systemes during the fourth quarter worth $2,442,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Dassault Systemes by 49.7% in the 4th quarter. GAMMA Investing LLC now owns 2,866 shares of the technology company’s stock valued at $80,000 after buying an additional 951 shares during the period. Institutional investors own 0.03% of the company’s stock.

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.