The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX's stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$147.90 and traded as high as C$162.10. The Descartes Systems Group shares last traded at C$158.43, with a volume of 132,631 shares trading hands.
Analyst Ratings Changes
Separately, Stephens upgraded shares of The Descartes Systems Group to a "strong-buy" rating in a report on Saturday, February 1st.
Get Our Latest Report on The Descartes Systems Group
The Descartes Systems Group Stock Performance
The company has a market capitalization of C$9.52 billion, a PE ratio of 69.02, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.85 and a current ratio of 1.34. The stock's fifty day simple moving average is C$148.23 and its 200-day simple moving average is C$157.08.
Insider Transactions at The Descartes Systems Group
In related news, Senior Officer Edward Ryan sold 17,286 shares of the 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
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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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