Shares of The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$156.14 and traded as low as C$145.29. The Descartes Systems Group shares last traded at C$147.97, with a volume of 167,887 shares traded.
Wall Street Analysts Forecast Growth
Separately, Stephens upgraded The Descartes Systems Group to a "strong-buy" rating in a research note on Saturday, February 1st.
Check Out Our Latest Analysis on The Descartes Systems Group
The Descartes Systems Group Stock Up 1.8 %
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 business has a fifty day moving average of C$145.12 and a two-hundred day moving average of C$156.16. The company has a market cap of C$8.96 billion, a price-to-earnings ratio of 64.99, a PEG ratio of 2.39 and a beta of 0.74.
Insider Buying and Selling at The Descartes Systems Group
In other news, Senior Officer Edward Ryan sold 17,286 shares of the firm's stock in a transaction that occurred 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. 0.02% of the stock is currently owned by insiders.
About The Descartes Systems Group
(
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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.
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