The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX's share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$176.38 and last traded at C$175.66, with a volume of 17148 shares. The stock had previously closed at C$171.22.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Stephens upgraded shares of The Descartes Systems Group to a "strong-buy" rating in a research report on Saturday, February 1st. Barclays raised shares of The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a report on Friday, November 15th. Finally, Loop Capital upgraded The Descartes Systems Group to a "strong-buy" rating in a research report on Tuesday, December 17th. One analyst has rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of C$92.50.
Get Our Latest Stock Report on DSG
The Descartes Systems Group Stock Down 3.3 %
The company has a current ratio of 1.79, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. The company has a market cap of C$14.49 billion, a price-to-earnings ratio of 85.20, a P/E/G ratio of 2.39 and a beta of 0.74. The stock's 50-day moving average is C$166.95 and its 200-day moving average is C$151.28.
Insider Activity
In other The Descartes Systems Group news, Senior Officer Allan Brett sold 5,260 shares of the company's stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of C$171.60, for a total value of C$902,616.00. Corporate 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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