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

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) Senior Officer Allan Brett sold 5,260 shares of the firm’s stock in a transaction 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.

The Descartes Systems Group Stock Performance

DSG traded up C$1.12 during midday trading on Tuesday, reaching C$171.22. The company’s stock had a trading volume of 81,746 shares, compared to its average volume of 110,659. The company has a current ratio of 1.79, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. The stock has a market cap of C$14.64 billion, a P/E ratio of 86.26, a PEG ratio of 2.39 and a beta of 0.74. The company has a fifty day simple moving average of C$155.69 and a 200 day simple moving average of C$141.53. The Descartes Systems Group Inc. has a twelve month low of C$105.80 and a twelve month high of C$174.24.

Analysts Set New Price Targets

Several research analysts have recently issued reports on DSG shares. Barclays raised 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 The Descartes Systems Group to a “strong-buy” rating in a report on Wednesday, September 25th.

The Descartes Systems Group Company Profile

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.