The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX's stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$155.25 and traded as low as C$133.22. The Descartes Systems Group shares last traded at C$135.61, with a volume of 168,899 shares traded.
The Descartes Systems Group Stock Performance
The company has a market cap of C$8.30 billion, a price-to-earnings ratio of 60.17, a P/E/G 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 stock's 50 day moving average price is C$147.97 and its 200 day moving average price is C$155.25.
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 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 period in the previous year, the business earned $0.43 earnings per share. On average, analysts expect that The Descartes Systems Group Inc. will post 3.3498285 EPS for the current fiscal year.
Insider Buying and Selling at The Descartes Systems Group
In other news, Senior Officer Edward Ryan sold 34,135 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of C$144.76, for a total value of C$4,941,382.60. Also, Senior Officer Andrew Roszko sold 4,891 shares of the business's stock in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of C$135.50, for a total value of C$662,730.50. Insiders have sold a total of 56,312 shares of company stock valued at $8,076,547 over the last ninety days. Corporate 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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