Shares of The Descartes Systems Group Inc. (TSE:DSG – Get Free Report) (NASDAQ:DSGX) reached a new 52-week low on Monday . The company traded as low as C$116.67 and last traded at C$116.79, with a volume of 17831 shares trading hands. The stock had previously closed at C$118.37.
Wall Street Analyst Weigh In
Separately, TD Securities upgraded The Descartes Systems Group to a “strong-buy” rating in a research report on Thursday, October 2nd. Three research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy”.
Read Our Latest Stock Analysis on DSG
The Descartes Systems Group Price Performance
The Descartes Systems Group Company Profile
The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions).
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