The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$147.42 and traded as low as C$135.77. The Descartes Systems Group shares last traded at C$136.96, with a volume of 153,546 shares changing hands.
The Descartes Systems Group Stock Down 1.9%
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 company's fifty day simple moving average is C$140.46 and its 200 day simple moving average is C$146.41. The firm has a market capitalization of C$8.34 billion, a P/E ratio of 60.44, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74.
The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last issued its quarterly 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 return on equity of 10.65% and a net margin of 21.80%.During the same quarter in the prior year, the business earned $0.43 earnings per share. Research analysts expect that The Descartes Systems Group Inc. will post 3.3498285 EPS for the current year.
Insiders Place Their Bets
In other The Descartes Systems Group news, Senior Officer Peter Nguyen purchased 730 shares of the company's stock in a transaction dated Monday, June 23rd. The shares were acquired at an average price of C$137.38 per share, for a total transaction of C$100,287.40. Following the purchase, the insider directly owned 730 shares of the company's stock, valued at C$100,287.40. The trade was a ∞ increase in their position. Also, Senior Officer Kenneth Edward Wood sold 22,447 shares of the business's stock in a transaction on Thursday, June 19th. The shares were sold at an average price of C$134.29, for a total transaction of C$3,014,407.63. 0.02% of the stock is currently owned by insiders.
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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