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

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

Analyst Ratings Changes

DASTY has been the subject of a number of recent analyst reports. Rothschild & Co Redburn raised Dassault Systemes to a “hold” rating in a report on Friday, January 9th. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research note on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Dassault Systemes Price Performance

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 capitalization of $26.51 billion, a PE ratio of 19.56, a P/E/G ratio of 5.74 and a beta of 0.98. The company’s fifty day simple moving average is $27.21 and its two-hundred day simple moving average is $29.53.

Institutional Trading of Dassault Systemes

Several institutional investors and hedge funds have recently made changes to their positions in DASTY. GAMMA Investing LLC boosted its stake in shares of Dassault Systemes by 49.7% during the fourth quarter. GAMMA Investing LLC now owns 2,866 shares of the technology company’s stock valued at $80,000 after acquiring an additional 951 shares during the last quarter. Yousif Capital Management LLC raised its position 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 buying an additional 1,550 shares during the last quarter. Finally, Douglass Winthrop Advisors LLC purchased a new position in shares of Dassault Systemes during the fourth quarter valued at approximately $2,442,000. 0.03% of the stock is currently owned by hedge funds and other institutional investors.

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.