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 that occurred 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 Down 1.2 %

Shares of TSE:DSG opened at C$163.95 on Friday. The company has a market cap of C$14.01 billion, a price-to-earnings ratio of 82.39, a PEG ratio of 2.39 and a beta of 0.74. The Descartes Systems Group Inc. has a one year low of C$105.80 and a one year high of C$174.24. The firm has a fifty day moving average price of C$157.41 and a two-hundred day moving average price of C$142.09. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.79 and a quick ratio of 1.85.

Analyst Ratings Changes

Several research firms have issued reports on DSG. Barclays upgraded The Descartes Systems Group from a “strong sell” rating to a “hold” rating in a research report on Friday, November 15th. National Bank Financial upgraded The Descartes Systems Group to a “strong-buy” rating in a research note on Wednesday, September 25th. Finally, Loop Capital upgraded The Descartes Systems Group to a “strong-buy” rating in a research report on Tuesday. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, The Descartes Systems Group currently has a consensus rating of “Buy” and an average 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.