Dassault Systèmes (OTCMKTS:DASTY) Upgraded by Berenberg Bank to Strong-Buy Rating

Berenberg Bank upgraded shares of Dassault Systèmes (OTCMKTS:DASTY - Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Monday, March 3rd,Zacks.com reports.

Dassault Systèmes Stock Up 0.6 %

DASTY stock traded up $0.25 during midday trading on Monday, hitting $43.49. The stock had a trading volume of 102,508 shares, compared to its average volume of 125,802. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.93 and a quick ratio of 1.93. The firm has a market cap of $58.21 billion, a price-to-earnings ratio of 44.38, a price-to-earnings-growth ratio of 3.83 and a beta of 0.90. The business has a 50-day moving average of $38.89 and a two-hundred day moving average of $37.32. Dassault Systèmes has a 52-week low of $32.85 and a 52-week high of $46.64.

Dassault Systèmes (OTCMKTS:DASTY - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.04). Dassault Systèmes had a return on equity of 18.50% and a net margin of 19.29%. As a group, equities research analysts forecast that Dassault Systèmes will post 1.31 earnings per share for the current fiscal year.

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.