Descartes Systems Group Inc (NASDAQ: DSGX). Notable positive changes in fundamentals have recently occurred: the consensus estimate for January, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for January, 2025 increased significantly.
Descartes Systems Group Inc (NASDAQ: DSGX). Important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Descartes Systems Group has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Descartes Systems Group has a poor Appreciation Score of 16 but a good Power Rating of 80, producing the Low Neutral Value Trend Rating.
Recent Price Action
Descartes Systems Group Inc (NASDAQ: DSGX) stock closed at $114.52 on 12/20/24 after a modest gain of 0.4%. Moreover, this advance was accompanied by exceptionally high trading volume at 239% of normal. The stock has declined -5.5% during the last week but has been strong relative to the market over the last nine months.
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