The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$155.24 and traded as low as C$147.43. The Descartes Systems Group shares last traded at C$150.71, with a volume of 176,403 shares traded.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the stock. Stephens raised shares of The Descartes Systems Group to a "strong-buy" rating in a research note on Saturday, February 1st. Loop Capital upgraded shares of The Descartes Systems Group to a "strong-buy" rating in a research report on Tuesday, December 17th. One equities research analyst has rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, The Descartes Systems Group presently has an average rating of "Buy".
Read Our Latest Stock Report on The Descartes Systems Group
The Descartes Systems Group Stock Performance
The company has a debt-to-equity ratio of 0.51, a current ratio of 1.34 and a quick ratio of 1.85. The company has a market capitalization of C$8.69 billion, a PE ratio of 63.04, a P/E/G ratio of 2.39 and a beta of 0.74. The stock has a 50-day simple moving average of C$158.25 and a 200 day simple moving average of C$155.57.
The Descartes Systems Group Company Profile
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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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