Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $48.56 and traded as high as $52.61. Descartes Systems Group shares last traded at $51.82, with a volume of 41,752 shares traded.
DSG has been the topic of several analyst reports. BMO Capital Markets set a C$43.00 target price on Descartes Systems Group and gave the company a “market perform” rating in a research note on Friday, May 31st. Barclays lifted their target price on Descartes Systems Group from C$55.00 to C$61.00 in a research note on Thursday, May 30th.
The firm has a 50 day simple moving average of C$48.66 and a two-hundred day simple moving average of C$49.97. The company has a market capitalization of $4.45 billion and a PE ratio of 130.75. The company has a current ratio of 0.87, a quick ratio of 0.74 and a debt-to-equity ratio of 4.56.
About Descartes Systems Group (TSE:DSG)
The Descartes Systems Group Inc provides federated network and logistics technology solutions worldwide. Its Logistics Application Suite offers a range of modular, cloud-based, and interoperable Web and wireless logistics management applications. The company's Logistics Application Suite offers solutions, such as route planning and execution, mobile applications, and telematics and compliance; transportation management solutions comprising carrier compliance and rate management, freight audit and settlement, dock scheduling and yard management, pool distribution, transportation planning and execution, and logistics flow control, as well as visibility, tracking, and performance management; and global logistics network services, such as document management, community, and connectivity services.
Featured Story: What does a neutral rating on stocks mean?
Receive News & Ratings for Descartes Systems Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Descartes Systems Group and related companies with MarketBeat.com's FREE daily email newsletter.