The Descartes Systems Group (TSE:DSG) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

Shares of The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$155.96 and traded as low as C$139.87. The Descartes Systems Group shares last traded at C$140.95, with a volume of 122,014 shares traded.Analyst Ratings ChangesSeveral brokerages have weighed in on DSG. Loop Capital raised The Descartes Systems Group to a "strong-buy" rating in a research note on Tuesday, December 17th. Stephens upgraded The Descartes Systems Group to a "strong-buy" rating in a research report on Saturday, February 1st.Check Out Our Latest Report on The Descartes Systems GroupThe Descartes Systems Group Stock Down 0.2 %The company has a debt-to-equity ratio of 0.51, a current ratio of 1.34 and a quick ratio of 1.85. The stock has a market cap of C$8.54 billion, a price-to-earnings ratio of 61.91, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The firm's 50-day moving average is C$150.99 and its 200 day moving average is C$155.98. Insider Transactions at The Descartes Systems GroupIn other news, Senior Officer Edward Ryan sold 34,135 shares of the business's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of C$144.76, for a total transaction of C$4,941,382.60. Insiders own 0.02% of the company's stock. The Descartes Systems Group Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than The Descartes Systems GroupGrowth Stocks: What They Are, Examples and How to InvestWhy NVIDIA Stock Could Soar Despite Wall Street Downgrades3 Dividend Kings To ConsiderTop 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or HoldCanada Bond Market Holiday: How to Invest and Trade 3 Hot New IPOs Defying the 2025 Market SlumpThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in The Descartes Systems Group Right Now?Before you consider The Descartes Systems Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Descartes Systems Group wasn't on the list.While The Descartes Systems Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here