The Descartes Systems Group (TSE:DSG) Insider Edward Ryan Sells 27,888 Shares

The Descartes Systems Group Inc. (TSE:DSGGet Free Report) (NASDAQ:DSGX) insider Edward Ryan sold 27,888 shares of the stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of C$111.68, for a total value of C$3,114,531.84.

Edward Ryan also recently made the following trade(s):

  • On Tuesday, September 22nd, Edward Ryan sold 16,651 shares of The Descartes Systems Group stock. The shares were sold at an average price of C$111.41, for a total value of C$1,855,087.91.

The Descartes Systems Group Stock Performance

Shares of TSE DSG traded up C$2.21 during trading hours on Wednesday, reaching C$113.06. The stock had a trading volume of 126,024 shares, compared to its average volume of 379,626. The firm has a 50-day moving average of C$106.73 and a 200-day moving average of C$101.69. The firm has a market cap of C$9.67 billion, a price-to-earnings ratio of 52.59, a PEG ratio of 2.39 and a beta of 0.14. The company has a current ratio of 2.02, a quick ratio of 1.85 and a debt-to-equity ratio of 0.46. The Descartes Systems Group Inc. has a fifty-two week low of C$85.26 and a fifty-two week high of C$140.03.

The Descartes Systems Group (TSE:DSGGet Free Report) (NASDAQ:DSGX) last issued its quarterly earnings results on Thursday, September 10th. The company reported C$0.80 earnings per share for the quarter. The Descartes Systems Group had a net margin of 24.25% and a return on equity of 11.71%. The firm had revenue of C$281.94 million during the quarter. Equities research analysts predict that The Descartes Systems Group Inc. will post 3.3498285 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, National Bank Financial raised shares of The Descartes Systems Group to a “strong-buy” rating in a research note on Tuesday, July 14th. Four analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Get Our Latest Stock Analysis on The Descartes Systems Group

About The Descartes Systems Group

(Get Free Report)

Descartes powers more responsive, efficient, secure and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (‘GLN’). Shippers, carriers, and logistics service providers connect and collaborate on the GLN, leveraging technology, data and artificial intelligence (‘AI’) to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes.

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