The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX was upgraded by equities research analysts at Loop Capital to a "strong-buy" rating in a research report issued on Tuesday,Zacks.com reports.
Other equities analysts have also recently issued research reports about the company. Barclays raised The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a research report on Friday, November 15th. National Bank Financial upgraded The Descartes Systems Group to a "strong-buy" rating in a report on Wednesday, September 25th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, The Descartes Systems Group has an average rating of "Buy" and a consensus target price of C$92.50.
View Our Latest Research Report on The Descartes Systems Group
The Descartes Systems Group Stock Down 2.8 %
Shares of The Descartes Systems Group stock traded down C$4.77 during midday trading on Tuesday, reaching C$165.98. 215,388 shares of the company's stock traded hands, compared to its average volume of 111,605. The Descartes Systems Group has a 52 week low of C$105.80 and a 52 week high of C$174.24. The company's 50 day simple moving average is C$156.34 and its 200 day simple moving average is C$141.77. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 1.79. The company has a market cap of C$14.19 billion, a price-to-earnings ratio of 83.41, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74.
Insider Transactions at The Descartes Systems Group
In other news, Senior Officer Andrew Roszko sold 22,900 shares of the firm's stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$140.45, for a total value of C$3,216,305.00. Also, Senior Officer Allan Brett sold 5,260 shares of The Descartes Systems Group stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of C$171.60, for a total transaction of C$902,616.00. 0.02% of the stock is owned by company insiders.
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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