The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 Analyst Weigh In
Separately, Stephens raised The Descartes Systems Group to a "strong-buy" rating in a report on Saturday, February 1st.
Check Out Our Latest Analysis on DSG
The Descartes Systems Group Trading Up 1.9 %
The stock has a market cap of C$9.19 billion, a P/E ratio of 66.62, 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 company has a 50-day moving average price of C$144.42 and a two-hundred day moving average price of C$156.25.
Insiders Place Their Bets
In other The Descartes Systems Group news, Senior Officer Edward Ryan sold 17,286 shares of the company'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. Insiders own 0.02% of the company's stock.
The Descartes Systems Group Company Profile
(
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.
See Also
Before you consider The Descartes Systems Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Descartes Systems Group wasn't on the list.
While The Descartes Systems Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
