The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX Senior Officer Kenneth Edward Wood sold 8,000 shares of the stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of C$121.62, for a total value of C$972,960.00.
The Descartes Systems Group Trading Up 0.6 %
The Descartes Systems Group stock traded up C$0.68 during midday trading on Monday, reaching C$122.65. The stock had a trading volume of 35,644 shares, compared to its average volume of 89,307. The Descartes Systems Group Inc. has a twelve month low of C$95.03 and a twelve month high of C$127.91. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.05 and a quick ratio of 1.85. The firm has a market cap of C$10.45 billion, a price-to-earnings ratio of 69.29, a PEG ratio of 2.17 and a beta of 0.76. The firm's fifty day simple moving average is C$120.99 and its two-hundred day simple moving average is C$112.16.
The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last posted its quarterly earnings results on Wednesday, March 6th. The company reported C$0.50 earnings per share for the quarter, topping analysts' consensus estimates of C$0.41 by C$0.09. The company had revenue of C$200.32 million during the quarter, compared to the consensus estimate of C$197.20 million. The Descartes Systems Group had a return on equity of 9.92% and a net margin of 20.23%. Equities analysts anticipate that The Descartes Systems Group Inc. will post 2.6266695 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have weighed in on DSG shares. Royal Bank of Canada boosted their target price on shares of The Descartes Systems Group from C$100.00 to C$110.00 and gave the company an "outperform" rating in a research note on Thursday, March 7th. Barclays boosted their price objective on shares of The Descartes Systems Group from C$71.00 to C$75.00 and gave the company an "underweight" rating in a research report on Tuesday, February 20th. Finally, William Blair reissued an "outperform" rating on shares of The Descartes Systems Group in a report on Monday, April 1st.
Check Out Our Latest Research Report on The Descartes Systems Group
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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