The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Allan Brett Sells 5,260 Shares of Stock

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) Senior Officer Allan Brett sold 5,260 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of C$171.60, for a total transaction of C$902,616.00.

The Descartes Systems Group Stock Up 0.4 %

DSG stock opened at C$170.75 on Wednesday. The stock has a market cap of C$14.60 billion, a PE ratio of 86.04, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The company has a quick ratio of 1.85, a current ratio of 1.79 and a debt-to-equity ratio of 0.55. The firm’s 50-day simple moving average is C$155.69 and its 200 day simple moving average is C$141.53. The Descartes Systems Group Inc. has a fifty-two week low of C$105.80 and a fifty-two week high of C$174.24.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DSG shares. Barclays raised shares of 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 research note on Wednesday, September 25th.

About The Descartes Systems Group

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.