Dassault Systemes (DASTY) Downgraded by ValuEngine

ValuEngine lowered shares of Dassault Systemes (OTCMKTS:DASTY) from a strong-buy rating to a buy rating in a research report sent to investors on Thursday morning.

Separately, Zacks Investment Research raised shares of Dassault Systemes from a sell rating to a hold rating in a research report on Tuesday, September 25th.

OTCMKTS:DASTY opened at $124.18 on Thursday. The company has a market cap of $32.36 billion, a price-to-earnings ratio of 39.80, a PEG ratio of 2.65 and a beta of 0.92. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.46 and a quick ratio of 2.46. Dassault Systemes has a fifty-two week low of $103.55 and a fifty-two week high of $163.00.

Large investors have recently added to or reduced their stakes in the business. Cypress Capital Management LLC acquired a new stake in shares of Dassault Systemes during the 2nd quarter worth approximately $1,107,000. Hartwell J M Limited Partnership acquired a new stake in shares of Dassault Systemes during the 2nd quarter worth approximately $498,000. Finally, Azimuth Capital Management LLC grew its position in shares of Dassault Systemes by 1.1% during the 2nd quarter. Azimuth Capital Management LLC now owns 38,175 shares of the technology company’s stock worth $5,349,000 after buying an additional 400 shares during the period. 0.19% of the stock is owned by institutional investors and hedge funds.

About Dassault Systemes

Dassault Systèmes SE provides software applications and services worldwide. The company offers SOLIDWORKS 3D design software for 3D and electrical design, simulation, product data management, and technical communication; CATIA, an engineering and design software for product 3D computer-aided design (CAD); GEOVIA, which models and simulates the earth; and BIOVIA that provides a scientific collaborative environment for biological formulated products and advanced materials.

Featured Article: Market Capitalization, Large-Caps, Mid-Caps, Small-Caps

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Dassault Systemes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dassault Systemes and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply