Logility Supply Chain Solutions (NASDAQ:LGTY) Trading Up 0.1% – Still a Buy?

Logility Supply Chain Solutions, Inc. (NASDAQ:LGTY)’s share price rose 0.1% on Monday . The company traded as high as $14.29 and last traded at $14.26. Approximately 719,344 shares changed hands during trading, an increase of 28% from the average daily volume of 561,811 shares. The stock had previously closed at $14.25.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on LGTY shares. B. Riley downgraded Logility Supply Chain Solutions from a “buy” rating to a “neutral” rating in a research report on Monday, January 27th. Maxim Group cut Logility Supply Chain Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th.

Logility Supply Chain Solutions Trading Up 0.1 %

The company’s fifty day simple moving average is $13.93. The company has a market cap of $480.41 million, a P/E ratio of -1,426.00 and a beta of 0.88.

Logility Supply Chain Solutions (NASDAQ:LGTY) last issued its earnings results on Thursday, February 20th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. The firm had revenue of $25.01 million for the quarter, compared to analysts’ expectations of $25.09 million. Logility Supply Chain Solutions had a positive return on equity of 5.52% and a negative net margin of 0.54%. Equities analysts predict that Logility Supply Chain Solutions, Inc. 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.