Dassault Systemes (OTCMKTS:DASTY) Sees Unusually-High Trading Volume – What’s Next?

by · The Cerbat Gem

Dassault Systemes SA (OTCMKTS:DASTY – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 506,356 shares were traded during trading, an increase of 142% from the previous session’s volume of 209,462 shares.The stock last traded at $27.20 and had previously closed at $27.56.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Dassault Systemes from a “buy” rating to a “hold” rating in a research note on Sunday, September 14th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Get Our Latest Analysis on Dassault Systemes

Dassault Systemes Trading Down 0.3%

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 company has a market capitalization of $36.25 billion, a PE ratio of 28.44, a PEG ratio of 6.22 and a beta of 1.00. The stock has a fifty day moving average of $29.64 and a 200 day moving average of $32.69.

Institutional Trading of Dassault Systemes

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers lifted its stake in Dassault Systemes by 18.9% in the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company’s stock worth $795,000 after purchasing an additional 3,306 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of 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 during the last quarter. Finally, Azimuth Capital Investment Management LLC lifted its position in shares of Dassault Systemes by 27.5% in the first quarter. Azimuth Capital Investment Management LLC now owns 120,425 shares of the technology company’s stock worth $4,545,000 after buying an additional 25,988 shares in the last quarter. 0.03% of the stock is currently owned by institutional investors.

About Dassault Systemes

(Get Free Report)

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.

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