Logility Supply Chain Solutions (NASDAQ:LGTY) Stock Rating Lowered by Maxim Group

Logility Supply Chain Solutions (NASDAQ:LGTY) was downgraded by stock analysts at Maxim Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, MarketBeat.com reports.

Separately, B. Riley lowered Logility Supply Chain Solutions from a “buy” rating to a “neutral” rating in a research note on Monday.

Logility Supply Chain Solutions Price Performance

Shares of NASDAQ:LGTY opened at $14.13 on Tuesday. The firm has a 50 day moving average price of $11.20. Logility Supply Chain Solutions has a 12 month low of $8.41 and a 12 month high of $14.19. The firm has a market cap of $475.90 million, a PE ratio of 74.37 and a beta of 0.74.

Logility Supply Chain Solutions (NASDAQ:LGTY) last announced its quarterly earnings data on Thursday, November 21st. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03. Logility Supply Chain Solutions had a net margin of 6.15% and a return on equity of 7.03%. On average, sell-side analysts forecast that Logility Supply Chain Solutions will post 0.21 EPS for the current fiscal year.

About Logility Supply Chain Solutions

Logility Supply Chain Solutions Inc is a provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains. Logility Supply Chain Solutions Inc, formerly known as American Software Inc, is based in ATLANTA.