Descartes Systems Group Inc (NASDAQ: DSGX) is 1.98% higher on its value in year-to-date trading and has touched a low of $82.88 and a high of $122.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DSGX stock was last observed hovering at around $115.04 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $115.85, the stock is 1.72% and 0.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing 0.70% at the moment leaves the stock 13.11% off its SMA200. DSGX registered 37.82% gain for a year compared to 6-month gain of 17.52%. The firm has a 50-day simple moving average (SMA 50) of $115.3196 and a 200-day simple moving average (SMA200) of $102.4247.
The stock witnessed a -2.87% loss in the last 1 month and extending the period to 3 months gives it a 9.25%, and is 4.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.39% over the week and 1.76% over the month.
Current P/E ratio is 73.31 and Fwd P/E is 59.71. Profit margin for the company is 21.80%. Distance from 52-week low is 39.78% and -5.72% from its 52-week high. The company has generated returns on investments over the last 12 months (10.13%).
with sales reaching $169.78M over the same period.The EPS is expected to grow by 22.74% this year, but quarterly earnings will post 14.18% year-over-year. Quarterly sales are estimated to grow 14.56% in year-over-year returns.
Descartes Systems Group Inc (DSGX) Top Institutional Holders
570.0 institutions hold shares in Descartes Systems Group Inc (DSGX), with institutional investors hold 87.64% of the company’s shares. The shares outstanding are 85.54M, and float is at 85.22M with Short Float at 0.82%. Institutions hold 87.62% of the Float.
Descartes Systems Group Inc (DSGX) Insider Activity
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