The Descartes Systems Group (TSE:DSG) Reaches New 12-Month High – Should You Buy?

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) shares reached a new 52-week high during trading on Wednesday. The stock traded as high as C$136.20 and last traded at C$135.04, with a volume of 7,031 shares trading hands. The stock had previously closed at C$134.92.

The Descartes Systems Group Trading Down 0.5%

The company has a market capitalization of C$11.65 billion, a P/E ratio of 63.36, a price-to-earnings-growth ratio of 2.39 and a beta of 0.10. The business has a fifty day moving average price of C$119.56 and a 200 day moving average price of C$104.65. The company has a quick ratio of 1.85, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last posted its quarterly earnings data on Thursday, September 10th. The company reported C$0.80 earnings per share (EPS) for the quarter. The business had revenue of C$281.94 million during the quarter. The Descartes Systems Group had a return on equity of 11.69% and a net margin of 24.25%. On average, analysts expect that The Descartes Systems Group Inc. will post 3.35 earnings per share for the current fiscal year.

Insider Buying and Selling

In other The Descartes Systems Group news, insider Edward Ryan sold 27,888 shares of the company’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of C$111.68, for a total transaction of C$3,114,531.84. Insiders own 0.02% of the company’s stock.

The Descartes Systems Group Company Profile

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.