Shares of The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$144.08 and traded as high as C$158.69. The Descartes Systems Group shares last traded at C$158.30, with a volume of 195,696 shares changing hands.
Analysts Set New Price Targets
Separately, Stephens raised shares of The Descartes Systems Group to a "strong-buy" rating in a report on Saturday, February 1st.
View Our Latest Analysis on DSG
The Descartes Systems Group Price Performance
The business's 50 day moving average price is C$144.08 and its two-hundred day moving average price is C$156.46. The stock has a market cap of C$9.59 billion, a P/E ratio of 69.53, 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.
Insider Activity
In related news, Senior Officer Edward Ryan sold 34,135 shares of the business's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of C$144.76, for a total transaction of C$4,941,382.60. Insiders own 0.02% of the company's stock.
About The Descartes Systems Group
(
Get Free Report)
The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.
Further Reading
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