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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 (75)

8 days at current score.

Upgraded from Neutral on April 3rd 2018

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Summary


  • This company ranked positively compared to the Technology sector despite only 1 positive IHS Markit Category
  • 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 | Neutral

ETF activity is neutral. ETFs that hold DSGX had net inflows of $1.30 billion over the last one-month.

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 very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months.

Credit worthiness

Credit default swap

CDS data is not available for this security.

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