Descartes Systems Group Inc (NASDAQ:DSGX) shares, rose in value on Friday, July 11, with the stock price down by -3.20% to the previous day’s close as strong demand from buyers drove the stock to $101.07.
Actively observing the price movement in the last trading, the stock closed the session at $104.41, falling within a range of $100.975 and $103.83. The value of beta (5-year monthly) was 0.597 whereas the PE ratio was 61.01 over 12-month period. Referring to stock’s 52-week performance, its high was $124.31, and the low was $90.61. On the whole, DSGX has fluctuated by 0.93% over the past month.
With the market capitalization of Descartes Systems Group Inc currently standing at about $8.67 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 714.41M, with a low estimate of 172.6M and a high estimate of 179.4M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 176.61M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DSGX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 4.04, with the price of DSGX currently trading nearly -0.20% and -5.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.49, while the 7-day volatility ratio is showing 2.33% which for the 30-day chart, stands at 2.31%. Furthermore, Descartes Systems Group Inc (DSGX)’s beta value is 0.81.
A comparison of Descartes Systems Group Inc (DSGX) with its peers suggests the former has fared considerably weaker in the market. DSGX showed an intraday change of -3.20% in last session, and over the past year, it shrunk by -11.03%%.
Data on historical trading for Descartes Systems Group Inc (NASDAQ:DSGX) indicates that the trading volumes over the past 10 days have averaged 0.52 and over the past 3 months, they’ve averaged 350.36K. According to company’s latest data on outstanding shares, there are 85.78 million shares outstanding.
Nearly 0.41% of Descartes Systems Group Inc’s shares belong to company insiders and institutional investors own 86.12% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.02 million shares as on 2025-06-13, resulting in a short ratio of 2.65. The stock has risen by 0.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DSGX stock heading into the next quarter.
