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

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

The Descartes Systems Group Stock Performance

The Descartes Systems Group stock opened at C$165.98 on Thursday. 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. The Descartes Systems Group Inc. has a 12 month low of C$105.80 and a 12 month high of C$174.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.79 and a quick ratio of 1.85. The stock’s 50-day moving average is C$156.92 and its 200-day moving average is C$141.94.

Analyst Ratings Changes

A number of research firms have recently commented on DSG. Barclays raised shares of The Descartes Systems Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 15th. National Bank Financial raised shares of The Descartes Systems Group to a “strong-buy” rating in a research report on Wednesday, September 25th. Finally, Loop Capital upgraded shares of The Descartes Systems Group to a “strong-buy” rating in a report on Tuesday. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$92.50.

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.