Dassault Systemes (OTCMKTS:DASTY) Shares Gap Up – Here’s Why

Dassault Systemes SA (OTCMKTS:DASTY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $23.54, but opened at $24.5653. Dassault Systemes shares last traded at $24.3975, with a volume of 2,585 shares.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DASTY. Zacks Research upgraded shares of Dassault Systemes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Dassault Systemes in a research report on Tuesday, September 1st. Finally, Citigroup reaffirmed a “neutral” rating on shares of Dassault Systemes in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Dassault Systemes Trading Down 1.6%

The company has a 50 day moving average of $23.90 and a 200 day moving average of $22.31. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.99 and a current ratio of 1.99. The stock has a market capitalization of $32.50 billion, a price-to-earnings ratio of 21.43, a P/E/G ratio of 4.95 and a beta of 0.98.

About Dassault Systemes

Dassault Systèmes SE is a France-based software company that develops 3D design, engineering, simulation, manufacturing and business collaboration solutions. Its technologies are designed to help organizations create virtual representations of products, factories, infrastructure and biological systems, supporting product development and operational decision-making.

The company’s portfolio includes the 3DEXPERIENCE platform and brands such as CATIA for computer-aided design and engineering, SOLIDWORKS for 3D design and collaboration, SIMULIA for simulation, DELMIA for manufacturing and operations, ENOVIA for product lifecycle management, and BIOVIA for scientific modeling and materials research.