The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX shares 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 trading hands.
The Descartes Systems Group Price Performance
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 has a market capitalization of C$8.26 billion, a price-to-earnings ratio of 59.85, a PEG ratio of 2.39 and a beta of 0.74. The company has a 50 day moving average price of C$147.80 and a 200 day moving average price of C$154.88.
The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last announced its quarterly earnings data on Wednesday, June 4th. The company reported C$0.41 EPS for the quarter, missing analysts' consensus estimates 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 last year, the business earned $0.43 earnings per share. As a group, equities research analysts forecast that The Descartes Systems Group Inc. will post 3.3498285 earnings per share for the current year.
Insider Activity
In other The Descartes Systems Group news, Senior Officer Edward Ryan sold 17,286 shares of The Descartes Systems Group stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of C$143.03, for a total transaction of C$2,472,433.87. Also, Senior Officer Andrew Roszko sold 4,891 shares of the company's stock in a transaction on Thursday, June 19th. The shares were sold at an average price of C$135.50, for a total transaction of C$662,730.50. In the last quarter, insiders have sold 56,312 shares of company stock valued at $8,076,547. 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).
Further Reading
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