The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX has been assigned an average rating of "Buy" from the six research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, two have given a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$110.00.
A number of research firms recently issued reports on DSG. Barclays upgraded The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a report on Friday, November 15th. Stephens raised The Descartes Systems Group to a "strong-buy" rating in a report on Saturday, February 1st. Finally, Loop Capital upgraded The Descartes Systems Group to a "strong-buy" rating in a research note on Tuesday, December 17th.
Check Out Our Latest Research Report on DSG
The Descartes Systems Group Stock Up 0.8 %
Shares of TSE:DSG traded up C$1.27 during mid-day trading on Friday, reaching C$159.01. 190,933 shares of the stock were exchanged, compared to its average volume of 129,628. 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 company has a market cap of C$9.63 billion, a P/E ratio of 69.84, a P/E/G ratio of 2.39 and a beta of 0.74. The Descartes Systems Group has a one year low of C$115.40 and a one year high of C$177.98. The stock's 50 day simple moving average is C$164.90 and its 200-day simple moving average is C$154.27.
Insider Activity
In other The Descartes Systems Group news, Senior Officer Allan Brett sold 5,260 shares of The Descartes Systems Group stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of C$171.60, for a total transaction of C$902,616.00. Corporate insiders own 0.02% of the company's stock.
About The Descartes Systems Group
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Get Free ReportThe 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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