The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$150.62 and traded as low as C$142.99. The Descartes Systems Group shares last traded at C$145.18, with a volume of 102,196 shares changing hands.
The Descartes Systems Group Stock Up 0.1%
The business has a 50-day moving average price of C$144.19 and a two-hundred day moving average price of C$150.26. The company has a quick ratio of 1.85, a current ratio of 1.34 and a debt-to-equity ratio of 0.51. The firm has a market cap of C$8.90 billion, a PE ratio of 64.50, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74.
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 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 quarter last year, the company posted $0.43 EPS. On average, equities research analysts expect that The Descartes Systems Group Inc. will post 3.3498285 EPS for the current year.
Insider Transactions at The Descartes Systems Group
In related news, Senior Officer Andrew Roszko sold 4,891 shares of the stock in a transaction dated Thursday, June 19th. The shares were sold at an average price of C$135.50, for a total transaction of C$662,730.50. Also, Senior Officer Peter Nguyen purchased 730 shares of the business's stock in a transaction that occurred on Monday, June 23rd. The shares were purchased at an average cost of C$137.38 per share, with a total value of C$100,287.40. Following the completion of the acquisition, the insider directly owned 730 shares of the company's stock, valued at C$100,287.40. This represents a ∞ increase in their ownership of the stock. 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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