Dassault Systèmes (OTCMKTS:DASTY) Sets New 52-Week High at $50.00

Dassault Systèmes SE (OTCMKTS:DASTYGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $50.00 and last traded at $49.75, with a volume of 102587 shares trading hands. The stock had previously closed at $49.21.

Analyst Ratings Changes

A number of research firms have recently commented on DASTY. BNP Paribas raised shares of Dassault Systèmes from an “underperform” rating to a “neutral” rating in a research note on Wednesday, November 8th. JPMorgan Chase & Co. upgraded shares of Dassault Systèmes from an “underweight” rating to an “overweight” rating in a research report on Monday, October 30th.

Get Our Latest Stock Report on DASTY

Dassault Systèmes Stock Up 0.6 %

The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.26. The stock’s 50-day moving average is $47.36 and its 200-day moving average is $42.71. The company has a market cap of $66.92 billion, a price-to-earnings ratio of 44.82, a P/E/G ratio of 8.06 and a beta of 0.97.

Dassault Systèmes (OTCMKTS:DASTYGet Free Report) last released its earnings results on Wednesday, October 25th. The technology company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.02. Dassault Systèmes had a net margin of 17.76% and a return on equity of 18.29%. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.55 billion. On average, analysts anticipate that Dassault Systèmes SE will post 1.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Sandhill Capital Partners LLC acquired a new position in Dassault Systèmes during the second quarter worth $202,000. Rhumbline Advisers raised its holdings in Dassault Systèmes by 3.9% during the third quarter. Rhumbline Advisers now owns 11,612 shares of the technology company’s stock worth $432,000 after buying an additional 441 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Dassault Systèmes by 4.7% during the first quarter. PNC Financial Services Group Inc. now owns 16,699 shares of the technology company’s stock worth $830,000 after buying an additional 746 shares during the last quarter. Yousif Capital Management LLC raised its holdings in Dassault Systèmes by 1.5% during the second quarter. Yousif Capital Management LLC now owns 22,711 shares of the technology company’s stock worth $1,009,000 after buying an additional 335 shares during the last quarter. Finally, Captrust Financial Advisors raised its holdings in Dassault Systèmes by 29.6% during the second quarter. Captrust Financial Advisors now owns 32,624 shares of the technology company’s stock worth $1,201,000 after buying an additional 7,456 shares during the last quarter. Institutional investors and hedge funds own 0.18% of the company’s stock.

About Dassault Systèmes

(Get Free Report)

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS design software for mechanical and electronic printed circuit board design solutions, product data management, simulation, manufacturing, and technical communication; 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.

Featured Articles

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