The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$155.96 and traded as low as C$139.87. The Descartes Systems Group shares last traded at C$140.95, with a volume of 122,014 shares.
Wall Street Analysts Forecast Growth
Separately, Stephens raised shares of The Descartes Systems Group to a "strong-buy" rating in a report on Saturday, February 1st.
Read Our Latest Stock Analysis on The Descartes Systems Group
The Descartes Systems Group Stock Performance
The company has a fifty day moving average of C$148.68 and a two-hundred day moving average of C$155.95. The firm has a market capitalization of C$8.58 billion, a price-to-earnings ratio of 62.20, a PEG ratio of 2.39 and a beta of 0.74. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.85 and a current ratio of 1.34.
Insiders Place Their Bets
In other The Descartes Systems Group news, Senior Officer Edward Ryan sold 17,286 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of C$143.03, for a total transaction of C$2,472,433.87. 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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