CIBC upgraded Descartes (NASDAQ:DSGX) from Sector Perform to Sector Outperform in a report released today.
- Updated: October 19, 2016
CIBC has upgraded Descartes (NASDAQ:DSGX) from Sector Perform to Sector Outperform in a report released on Wednesday October 19, 2016.
Just yesterday Descartes (NASDAQ:DSGX) traded 2.01% higher at $21.20. Descartes’s 50-day moving average is $21.12 and its 200-day moving average is $20.04. The last stock price is up 7.89% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 12,932 shares of DSGX traded hands, down from an average trading volume of 20,788
Recent Performance Chart
Descartes has 52 week low of $15.01 and a 52 week high of $22.02 with a PE ratio of 74.57 and has a market capitalization of $0.
Brief Synopsis On Descartes (NASDAQ:DSGX)
The Descartes Systems Group Inc. (Descartes) is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. The Company's network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations. The Company's solutions include Logistics Technology Platform that fuses the Descartes Global Logistics Network (Descartes GLN); customs and regulatory compliance; routing, mobile and telematics; global logistics network services; transportation management, and broker and forwarder enterprise systems.
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