Descartes' Stock Surges 20% YTD: Will the Rally Last?
DSGXDescartes(DSGX) ZACKS·2024-08-27 22:20

The Descartes Systems Group Inc.’s (DSGX) shares have been performing well on the trading front with a 19.6% year-to-date (YTD) gain compared with the S&P 500 composite and sub-industry’s growth of 17.8% and 9.2%, respectively. The stock is still down 4% from its 52-week high level of $104.71, reached on Jul 16, 2024.Based in Canada, Descartes Systems Group provides software-as-a-service logistics solutions to businesses, including transportation and logistics, manufacturing, retail and healthcare. The comp ...