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Insider Buying: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Purchases 730 Shares of Stock

The Descartes Systems Group logo with Computer and Technology background

The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX Senior Officer Peter Nguyen purchased 730 shares of the business's stock in a transaction that occurred on Monday, June 23rd. The stock was bought at an average cost of C$137.38 per share, for a total transaction of C$100,287.40. Following the acquisition, the insider now owns 730 shares in the company, valued at approximately C$100,287.40. The trade was a ∞ increase in their position.

The Descartes Systems Group Price Performance

DSG stock traded up C$1.37 during trading on Monday, hitting C$137.65. The company had a trading volume of 10,905 shares, compared to its average volume of 156,646. The business has a 50 day moving average of C$147.80 and a 200 day moving average of C$154.79. The firm has a market capitalization of C$8.34 billion, a price-to-earnings ratio of 60.46, a P/E/G ratio of 2.39 and a beta of 0.74. The company has a current ratio of 1.34, a quick ratio of 1.85 and a debt-to-equity ratio of 0.51. The Descartes Systems Group Inc. has a fifty-two week low of C$126.16 and a fifty-two week high of C$177.98.

The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last announced its quarterly earnings data on Wednesday, June 4th. The company reported C$0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.59 by C($0.18). The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%. During the same quarter last year, the firm posted $0.43 earnings per share. As a group, research analysts predict that The Descartes Systems Group Inc. will post 3.3498285 earnings per share for the current year.

The Descartes Systems Group Company Profile

(Get Free Report)

The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions).

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Insider Buying and Selling by Quarter for The Descartes Systems Group (TSE:DSG)

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