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

Dassault Systemes SA (OTCMKTS:DASTY)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $26.2250 and last traded at $26.46, with a volume of 83758 shares traded. The stock had previously closed at $27.39.

Analyst Ratings Changes

A number of brokerages recently commented on DASTY. Rothschild Redb upgraded Dassault Systemes to a “hold” rating in a research report on Friday, January 9th. Citigroup restated a “neutral” rating on shares of Dassault Systemes in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Dassault Systemes presently has a consensus rating of “Buy”.

Dassault Systemes Trading Down 3.1%

The company’s fifty day simple moving average is $27.83 and its two-hundred day simple moving average is $30.30. The company has a market capitalization of $35.59 billion, a price-to-earnings ratio of 27.93, a price-to-earnings-growth ratio of 6.31 and a beta of 0.98. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.14.

Hedge Funds Weigh In On Dassault Systemes

A hedge fund recently raised its stake in Dassault Systemes stock. Yousif Capital Management LLC grew its position in Dassault Systemes SA (OTCMKTS:DASTY) by 7.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,389 shares of the technology company’s stock after purchasing an additional 1,550 shares during the period. Yousif Capital Management LLC’s holdings in Dassault Systemes were worth $808,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.03% of the company’s stock.

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.