Dassault Aviation société anonyme (OTCMKTS:DUAVF) Trading Up 6.5% – Still a Buy?

Dassault Aviation société anonyme (OTCMKTS:DUAVF)’s stock price traded up 6.5% on Tuesday . The company traded as high as $405.53 and last traded at $394.00. 966 shares changed hands during trading, an increase of 390% from the average session volume of 197 shares. The stock had previously closed at $370.10.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Citigroup reiterated a “buy” rating on shares of Dassault Aviation société anonyme in a report on Friday. Sanford C. Bernstein cut Dassault Aviation société anonyme to a “market perform” rating in a research report on Tuesday, January 6th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dassault Aviation société anonyme has an average rating of “Hold”.

Dassault Aviation société anonyme Stock Up 6.5%

The business’s 50 day moving average price is $329.14 and its 200 day moving average price is $326.56.

About Dassault Aviation société anonyme

Dassault Aviation société anonyme is a French aerospace company specializing in the design, manufacture and support of military combat aircraft and business jets. The company operates two primary divisions: a defense arm that develops and produces fighter and unmanned combat vehicles, and a civil aviation arm known for its Falcon family of high-performance executive aircraft. Dassault Aviation serves both national armed forces and corporate operators worldwide, offering turnkey solutions that include aircraft sales, maintenance, training and mission support services.

Founded in 1929 by aeronautical engineer Marcel Bloch (later known as Marcel Dassault), the company established its reputation in military aviation with iconic programs such as the Mirage series of jet fighters.