The Descartes Systems Group Inc. (TSE:DSG) Receives Average Recommendation of “Buy” from Analysts

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) has been assigned an average recommendation of “Buy” from the five brokerages that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, one has assigned a buy recommendation and three have issued a strong buy recommendation on the company.

Several research analysts have recently commented on DSG shares. Stephens upgraded The Descartes Systems Group to a “strong-buy” rating in a research report on Saturday, February 1st. Barclays upgraded shares of The Descartes Systems Group from a “strong sell” rating to a “hold” rating in a research report on Friday, November 15th. Finally, Loop Capital upgraded The Descartes Systems Group to a “strong-buy” rating in a report on Tuesday, December 17th.

The Descartes Systems Group Price Performance

Shares of The Descartes Systems Group stock opened at C$145.34 on Friday. The Descartes Systems Group has a twelve month low of C$119.22 and a twelve month high of C$177.98. The business’s fifty day moving average price is C$164.47 and its 200 day moving average price is C$154.21. The stock has a market capitalization of C$8.80 billion, a P/E ratio of 63.83, 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.

Insider Transactions at The Descartes Systems Group

In related news, Senior Officer Allan Brett sold 5,260 shares of the business’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. 0.02% of the stock is owned by company insiders.

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.