The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Edward Ryan Sells 34,135 Shares

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) Senior Officer Edward Ryan sold 34,135 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of C$144.76, for a total value of C$4,941,382.60.

The Descartes Systems Group Stock Performance

Shares of DSG opened at C$136.12 on Tuesday. The firm has a market cap of C$8.25 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 2.39 and a beta of 0.74. The company has a quick ratio of 1.85, a current ratio of 1.34 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average is C$154.91 and its two-hundred day moving average is C$155.98. The Descartes Systems Group Inc. has a 52-week low of C$120.22 and a 52-week high of C$177.98.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DSG. Loop Capital upgraded shares of The Descartes Systems Group to a “strong-buy” rating in a research note on Tuesday, December 17th. Stephens raised shares of The Descartes Systems Group to a “strong-buy” rating in a research report on Saturday, February 1st.

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.