Dassault Systemes (OTCMKTS:DASTY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Dassault Systemes (OTCMKTS:DASTY) to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

A number of other research firms also recently issued reports on DASTY. Citigroup reiterated a “neutral” rating on shares of Dassault Systemes in a research report on Friday. Rothschild & Co Redburn upgraded shares of Dassault Systemes to a “hold” rating in a report on Friday, January 9th. Three equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Dassault Systemes has an average rating of “Buy”.

Dassault Systemes Price Performance

Shares of OTCMKTS DASTY opened at $20.48 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $26.66 and a 200 day simple moving average of $29.21. Dassault Systemes has a twelve month low of $19.18 and a twelve month high of $44.18. The company has a market capitalization of $27.48 billion, a PE ratio of 20.28, a P/E/G ratio of 5.64 and a beta of 0.98.

Hedge Funds Weigh In On Dassault Systemes

An institutional investor recently bought a new stake in Dassault Systemes stock. Douglass Winthrop Advisors LLC purchased a new position in Dassault Systemes SA (OTCMKTS:DASTY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 87,451 shares of the technology company’s stock, valued at approximately $2,442,000. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Dassault Systemes Company Profile

Dassault Systèmes is a France-based software company that develops solutions for 3D design, digital mock-up and product lifecycle management (PLM). Founded as a technology spin-off from Dassault Aviation in 1981, the company is headquartered near Paris and has grown into a global provider of engineering and business software used to model, simulate and manage products and processes across their lifecycles. Its platforms and applications are aimed at enabling digital continuity from ideation and design through manufacturing, operation and service.

The company’s product portfolio centers on the 3DEXPERIENCE platform, which integrates applications for computer-aided design (CAD), simulation, data management and collaboration.