The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX announced its earnings results on Wednesday. The company reported C$0.41 EPS for the quarter, missing the consensus estimate of C$0.59 by C($0.18), RTT News reports. The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%. During the same period last year, the company earned $0.43 earnings per share.
The Descartes Systems Group Price Performance
Shares of The Descartes Systems Group stock traded down C$0.08 during trading on Friday, reaching C$138.87. The company's stock had a trading volume of 107,257 shares, compared to its average volume of 152,533. The stock has a 50-day moving average price of C$148.82 and a two-hundred day moving average price of C$156.90. The stock has a market capitalization of C$8.41 billion, a P/E ratio of 60.99, a price-to-earnings-growth 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 has a one year low of C$125.02 and a one year high of C$177.98.
Insiders Place Their Bets
In other news, Senior Officer Edward Ryan sold 17,286 shares of the business's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of C$143.03, for a total transaction of C$2,472,433.87. Insiders own 0.02% of the company's stock.
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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