Dassault Aviation société anonyme (OTCMKTS:DUAVF) Trading Down 4.6% – Here’s What Happened

Dassault Aviation société anonyme (OTCMKTS:DUAVF) shares were down 4.6% during mid-day trading on Wednesday . The stock traded as low as $370.00 and last traded at $370.02. Approximately 306 shares were traded during mid-day trading, an increase of 75% from the average daily volume of 175 shares. The stock had previously closed at $387.87.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Citigroup reaffirmed a “buy” rating on shares of Dassault Aviation société anonyme in a research report on Friday, January 16th. Jefferies Financial Group reiterated a “buy” rating on shares of Dassault Aviation société anonyme in a report on Friday, January 30th. Finally, Sanford C. Bernstein lowered Dassault Aviation société anonyme to a “market perform” rating in a research report on Tuesday, January 6th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Dassault Aviation société anonyme Stock Performance

The company has a fifty day moving average of $350.44 and a two-hundred day moving average of $331.74.

Dassault Aviation société anonyme Company Profile

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.