The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX Senior Officer Kenneth Edward Wood sold 22,447 shares of the stock in a transaction on Thursday, June 19th. The stock was sold at an average price of C$134.29, for a total value of C$3,014,407.63.
The Descartes Systems Group Price Performance
Shares of The Descartes Systems Group stock traded up C$1.37 during trading hours on Monday, hitting C$137.65. The company's stock had a trading volume of 10,905 shares, compared to its average volume of 156,646. The company has a market cap of C$8.34 billion, a PE ratio of 60.46, a PEG ratio of 2.39 and a beta of 0.74. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.85 and a current ratio of 1.34. The business has a 50 day moving average price of C$147.80 and a two-hundred day moving average price of C$154.79. The Descartes Systems Group Inc. has a 12-month low of C$126.16 and a 12-month high of C$177.98.
The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last issued its earnings results 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 net margin of 21.80% and a return on equity of 10.65%. During the same period in the prior year, the company posted $0.43 EPS. Analysts expect that The Descartes Systems Group Inc. will post 3.3498285 earnings per share for the current fiscal year.
About The Descartes Systems Group
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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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