Dassault Systemes (OTCMKTS:DASTY) Sees Large Volume Increase – Should You Buy?

Dassault Systemes SA (OTCMKTS:DASTY) shares saw unusually-high trading volume on Wednesday . Approximately 602,393 shares were traded during trading, an increase of 292% from the previous session’s volume of 153,794 shares.The stock last traded at $27.50 and had previously closed at $27.42.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DASTY. Citigroup reissued a “neutral” rating on shares of Dassault Systemes in a research note on Friday, July 25th. Wall Street Zen lowered 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 issued a Hold rating to the company. According to MarketBeat.com, Dassault Systemes presently has a consensus rating of “Buy”.

Dassault Systemes Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.83 and a current ratio of 1.83. The stock has a market cap of $36.99 billion, a PE ratio of 29.02, a P/E/G ratio of 6.18 and a beta of 1.01. The business’s fifty day moving average price is $32.15 and its 200-day moving average price is $34.53.

Institutional Investors Weigh In On Dassault Systemes

Several large investors have recently added to or reduced their stakes in the stock. Yousif Capital Management LLC raised its stake 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 valued at $808,000 after acquiring an additional 1,550 shares during the period. Rhumbline Advisers lifted its stake in Dassault Systemes by 18.9% during the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company’s stock valued at $795,000 after acquiring an additional 3,306 shares during the period. Finally, Azimuth Capital Investment Management LLC increased its holdings in shares of Dassault Systemes by 27.5% during the 1st quarter. Azimuth Capital Investment Management LLC now owns 120,425 shares of the technology company’s stock valued at $4,545,000 after purchasing an additional 25,988 shares in the last quarter. 0.03% of the stock is owned by institutional investors.

About Dassault Systemes

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.