Dassault Systèmes (OTCMKTS:DASTY) Hits New 12-Month Low – What’s Next?

Dassault Systèmes SE (OTCMKTS:DASTY) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $33.62 and last traded at $34.06, with a volume of 83365 shares traded. The stock had previously closed at $34.23.

Dassault Systèmes Price Performance

The company has a 50-day moving average of $37.75 and a 200 day moving average of $38.53. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.72 and a current ratio of 1.72. The firm has a market cap of $46.28 billion, a P/E ratio of 37.18, a P/E/G ratio of 4.28 and a beta of 0.91.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Dassault Systèmes stock. Rhumbline Advisers boosted its position in shares of Dassault Systèmes SE (OTCMKTS:DASTY) by 14.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,278 shares of the technology company’s stock after purchasing an additional 2,103 shares during the period. Rhumbline Advisers’ holdings in Dassault Systèmes were worth $615,000 at the end of the most recent quarter. 0.03% of the stock is currently owned by institutional investors and hedge funds.

About Dassault Systèmes

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; 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.