The Descartes Systems Group (TSE:DSG) Upgraded at National Bank Financial

National Bank Financial upgraded shares of The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) to a strong-buy rating in a research report released on Wednesday, Zacks.com reports.

The Descartes Systems Group Stock Down 2.4 %

TSE:DSG opened at C$137.99 on Wednesday. The company has a market cap of C$11.80 billion, a price-to-earnings ratio of 68.65, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The Descartes Systems Group has a twelve month low of C$96.51 and a twelve month high of C$143.33. 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 fifty day simple moving average of C$135.30 and a 200-day simple moving average of C$131.05.

Insiders Place Their Bets

In other The Descartes Systems Group news, Senior Officer Kenneth Edward Wood sold 10,079 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of C$131.82, for a total transaction of C$1,328,613.78. Insiders own 0.02% of the company’s stock.

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.