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

Dassault Aviation société anonyme (OTCMKTS:DUAVF)’s share price shot up 6.5% during trading on Tuesday . The company traded as high as $405.53 and last traded at $394.00. 966 shares were traded 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

Several brokerages have issued reports on DUAVF. Sanford C. Bernstein cut Dassault Aviation société anonyme to a “market perform” rating in a research report on Tuesday, January 6th. Citigroup reiterated a “buy” rating on shares of Dassault Aviation société anonyme in a research note on Friday. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

Dassault Aviation société anonyme Trading Up 6.5%

The company has a 50-day moving average of $329.14 and a two-hundred day moving average of $326.56.

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.