Agilysys, Inc. (NASDAQ:AGYS) shares reached a new 52-week high and low during trading on Thursday . The stock traded as low as $15.06 and last traded at $15.07, with a volume of 1300 shares traded. The stock had previously closed at $14.87.
Separately, BidaskClub upgraded Agilysys from a “sell” rating to a “hold” rating in a research report on Wednesday, April 4th.
The stock has a market capitalization of $337.14 million, a P/E ratio of -41.35 and a beta of 0.35.
Agilysys (NASDAQ:AGYS) last released its earnings results on Thursday, May 24th. The software maker reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.09. The firm had revenue of $32.06 million during the quarter. Agilysys had a negative return on equity of 7.63% and a negative net margin of 6.56%. During the same quarter last year, the business posted ($0.23) earnings per share. research analysts predict that Agilysys, Inc. will post -0.26 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its holdings in Agilysys by 2.0% in the first quarter. BlackRock Inc. now owns 2,103,979 shares of the software maker’s stock valued at $25,079,000 after purchasing an additional 40,546 shares during the period. Paloma Partners Management Co purchased a new position in Agilysys in the fourth quarter valued at $20,020,000. Archon Capital Management LLC boosted its holdings in Agilysys by 6.1% in the fourth quarter. Archon Capital Management LLC now owns 1,252,021 shares of the software maker’s stock valued at $15,375,000 after purchasing an additional 71,817 shares during the period. Park West Asset Management LLC boosted its holdings in Agilysys by 8.6% in the first quarter. Park West Asset Management LLC now owns 1,204,336 shares of the software maker’s stock valued at $14,356,000 after purchasing an additional 95,000 shares during the period. Finally, Punch & Associates Investment Management Inc. boosted its holdings in Agilysys by 3.9% in the first quarter. Punch & Associates Investment Management Inc. now owns 412,210 shares of the software maker’s stock valued at $4,914,000 after purchasing an additional 15,330 shares during the period. Hedge funds and other institutional investors own 85.88% of the company’s stock.
Agilysys, Inc, together with its subsidiaries, operates as a developer and marketer of hardware and software products and services to the hospitality industry in North America, Europe, and Asia. It specializes in point-of-sale, property management, inventory and procurement, workforce management, and mobile and wireless solutions that are designed to streamline operations, enhance efficiency, increasing guest recruitment and wallet share, and enhance the overall guest experience.
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