Research Reports Initiated on Info Tech Stocks CGI Group, Open Text, Kinaxis, and The Descartes Systems Group

LONDON, UK / ACCESSWIRE / January 3, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Application Software industry. Companies recently under review include CGI Group, Open Text, Kinaxis, and The Descartes Systems Group. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the closing bell on Friday, December 30, 2016, the Toronto Exchange Composite index edged 0.87% lower to finish the trading session at 15,287.59 on a total volume of 250,310,222 shares exchanging hands for the day.

Additionally, the Info Tech index was slightly down by 0.71%, ending the session at 56.09.

Active Wall St. has initiated research reports on the following equities: CGI Group Inc. (TSX: GIB-A), Open Text Corporation (TSX: OTC), Kinaxis Inc. (TSX: KXS), and The Descartes Systems Group Inc. (TSX: DSG). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

CGI Group Inc.

Montreal, Canada headquartered CGI Group Inc.'s stock edged 0.11% lower, to finish Friday's session at $64.44 with a total volume of 333,021 shares traded. Over the last one month and the previous three months, CGI Group Inc.'s shares have advanced 1.27% and 3.12%, respectively. Furthermore, the stock has gained 18.98% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. CGI Group's 50-day moving average of $63.82 is above its 200-day moving average of $62.13. Shares of the Company, which provides information technology and business process services in Canada and internationally, are trading at a PE ratio of 18.84. See our research report on GIB-A.TO at: http://www.activewallst.com/registration-3/?symbol=GIB.A.

Open Text Corp.

On Friday, shares in Waterloo, Canada headquartered Open Text Corp. recorded a trading volume of 174,374 shares. The stock ended the day 1.06% lower at $82.92. Open Text's stock has gained 24.82% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $82.56 is above its 200-day moving average of $81.95. Shares of the Company, which provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices, are trading at PE ratio of 8.75. The complimentary research report on OTC.TO at: http://www.activewallst.com/registration-3/?symbol=OTC.

Kinaxis Inc.

On Friday, shares in Ottawa, Canada headquartered Kinaxis Inc. ended the session 1.08% higher at $62.50 with a total volume of 94,124 shares traded. Kinaxis' shares have advanced 0.77% in the previous one month and 35.75% in the past one year. The stock is trading above its 50-day and 200-day moving averages. Further, the Company's 50-day moving average of $61.36 is greater than its 200-day moving average of $60.52. Shares of Kinaxis, which provides cloud-based software for supply chain operations, are trading at a PE ratio of 155.86. Register for free and access the latest research report on KXS.TO at: http://www.activewallst.com/registration-3/?symbol=KXS.

The Descartes Systems Group Inc.

Waterloo, Canada headquartered The Descartes Systems Group Inc.'s stock edged 0.21% lower, to close the day at $28.63. The stock recorded a trading volume of 31,042 shares. Descartes Systems' shares have advanced 1.42% in the last three months and 4.15% in the past one year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $28.94 is greater than its 200-day moving average of $27.33. Shares of the Company, which provides federated network and logistics technology solutions worldwide, are trading at a PE ratio of 95.43. Get free access to your research report on DSG.TO at: http://www.activewallst.com/registration-3/?symbol=DSG.

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