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The Descartes Systems Group (TSE:DSG) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

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The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$154.81 and traded as low as C$141.04. The Descartes Systems Group shares last traded at C$143.14, with a volume of 106,673 shares.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Loop Capital upgraded shares of The Descartes Systems Group to a "strong-buy" rating in a report on Tuesday, December 17th. Stephens raised shares of The Descartes Systems Group to a "strong-buy" rating in a research report on Saturday, February 1st. One research analyst has rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Buy".

Read Our Latest Research Report on The Descartes Systems Group

The Descartes Systems Group Price Performance

The firm has a market cap of C$8.80 billion, a P/E ratio of 63.78, a PEG ratio of 2.39 and a beta of 0.74. The company has a current ratio of 1.34, a quick ratio of 1.85 and a debt-to-equity ratio of 0.51. The firm has a 50-day simple moving average of C$160.25 and a 200-day simple moving average of C$154.70.

The Descartes Systems Group Company Profile

(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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