Closing Bell: Descartes Sys down on Wednesday (DSG)

In today's trading, Descartes Sys opened at $140.00 and closed at $137.19. It traded at a low of $136.44 to a high of $141.09.

Shares plummeted -3.33 percent from the previous day's close of $141.92.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Descartes Sys traded under DSG on the Toronto Stock Exchange (TSX).

A total of 119,340 shares was traded during the last trading day, with total trades of 998, while having an average volume of 85,162 over 5 days.

Trading across the entire TSX saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, DSG.TO has traded as high as $143.33 (July 16,2024) and low as $95.03 (September 21,2023). Moreover, in the last 52 weeks, Descartes Sys's shares have advanced 29.68 percent, while in 2024, they have boosted 23.23%.

Following today's trading, Descartes Sys has a market capitalization of $12.12 billion on a float of 85,390 shares outstanding. Its annual EPS is $1.40.

Descartes Sys is a TSX Software company headquartered in Waterloo, CAN.

Currently, Descartes Sys's consensus rating is "Moderate Buy" based on 11 analysts according to Zacks. From those 11 analysts, 7 have buy ratings, 1 have sell ratings and 3 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..