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The Descartes Systems Group (TSE:DSG) Stock Price Crosses Below 200 Day Moving Average - Here's What Happened

The Descartes Systems Group logo with Computer and Technology background

The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$156.14 and traded as low as C$143.30. The Descartes Systems Group shares last traded at C$146.62, with a volume of 110,406 shares traded.

Wall Street Analyst Weigh In

Separately, Stephens raised shares of The Descartes Systems Group to a "strong-buy" rating in a research report on Saturday, February 1st.

Check Out Our Latest Stock Analysis on The Descartes Systems Group

The Descartes Systems Group Stock Down 1.1 %

The business has a fifty day moving average of C$145.89 and a 200 day moving average of C$156.29. The stock has a market cap of C$8.79 billion, a price-to-earnings ratio of 63.76, a P/E/G ratio of 2.39 and a beta of 0.74. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.34 and a quick ratio of 1.85.

Insider Buying and Selling at The Descartes Systems Group

In other The Descartes Systems Group news, Senior Officer Edward Ryan sold 34,135 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of C$144.76, for a total transaction of C$4,941,382.60. Corporate 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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