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The Descartes Systems Group (TSE:DSG) Reaches New 12-Month High - Here's Why

The Descartes Systems Group logo with Computer and Technology background

The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX's stock price hit a new 52-week high on Tuesday . The company traded as high as C$173.29 and last traded at C$170.16, with a volume of 140858 shares trading hands. The stock had previously closed at C$171.80.

Analyst Ratings Changes

Several analysts have commented on DSG shares. Barclays upgraded shares of The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a report on Friday, November 15th. National Bank Financial upgraded The Descartes Systems Group to a "strong-buy" rating in a research report on Wednesday, September 25th.

View Our Latest Research Report on The Descartes Systems Group

The Descartes Systems Group Stock Down 0.3 %

The stock has a 50 day moving average of C$153.03 and a 200-day moving average of C$140.52. The firm has a market capitalization of C$14.50 billion, a P/E ratio of 85.24, a PEG ratio of 2.39 and a beta of 0.74. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 1.79.

Insider Transactions at The Descartes Systems Group

In related news, Senior Officer Andrew Roszko sold 22,900 shares of The Descartes Systems Group stock in a transaction on Friday, September 27th. The shares were sold at an average price of C$140.45, for a total transaction of C$3,216,305.00. Insiders own 0.02% of the company's stock.

About The Descartes Systems Group

(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.

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