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See what the IHS Markit Score report has to say about Descartes Systems Group Inc.

IHS Markit

Descartes Systems Group Inc

NASDAQ/NGS:DSGX

Score: Positive (98)

53 days at current score.

Upgraded from Negative on June 23rd 2017

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Summary


  • This company ranked positively compared to the Technology sector despite only 2 positive IHS Markit Categories
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is low
  • Economic output for the sector is expanding but at a slower rate


Bearish sentiment

Short interest | Positive

Short interest is extremely low for DSGX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DSGX.

Money flow

ETF/Index ownership | Positive

ETF activity is positive but appears to be weakening. Over the last month, growth of ETFs holding DSGX is favorable, with net inflows of $2.72 billion. This is among the highest periods of net inflows seen over the last one-year, but the rate of additional flows appears to be decreasing.

Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.

Credit worthiness

Credit default swap

CDS data is not available for this security.

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