Dassault Systèmes (OTCMKTS:DASTY) Hits New 52-Week Low – Here’s What Happened

Dassault Systèmes SE (OTCMKTS:DASTY)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $34.80 and last traded at $34.85, with a volume of 70755 shares trading hands. The stock had previously closed at $35.55.

Dassault Systèmes Trading Down 2.8 %

The company has a market capitalization of $45.33 billion, a price-to-earnings ratio of 38.06, a P/E/G ratio of 3.35 and a beta of 0.91. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.25. The company’s 50 day simple moving average is $38.19 and its two-hundred day simple moving average is $38.87.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings data on Thursday, July 25th. The technology company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Dassault Systèmes had a net margin of 18.50% and a return on equity of 18.53%. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.62 billion. As a group, research analysts anticipate that Dassault Systèmes SE will post 1.26 earnings per share for the current fiscal year.

Institutional Trading of Dassault Systèmes

A hedge fund recently bought a new stake in Dassault Systèmes stock. Hantz Financial Services Inc. purchased a new position in shares of Dassault Systèmes SE (OTCMKTS:DASTY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 75,381 shares of the technology company’s stock, valued at approximately $2,849,000. Institutional investors and hedge funds own 0.03% of the company’s stock.

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.