Logility Supply Chain Solutions (NASDAQ:LGTY) Rating Lowered to Hold at Maxim Group

Maxim Group lowered shares of Logility Supply Chain Solutions (NASDAQ:LGTY) from a buy rating to a hold rating in a report issued on Tuesday morning, MarketBeat Ratings reports.

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

Logility Supply Chain Solutions Stock Performance

Shares of LGTY opened at $14.13 on Tuesday. Logility Supply Chain Solutions has a fifty-two week low of $8.41 and a fifty-two week high of $14.19. The business has a 50-day moving average price of $11.27. The stock has a market cap of $475.90 million, a price-to-earnings ratio of 74.37 and a beta of 0.74.

Logility Supply Chain Solutions (NASDAQ:LGTY) last released its quarterly earnings data on Thursday, November 21st. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates 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%. As a group, sell-side analysts predict that Logility Supply Chain Solutions will post 0.21 EPS for the current 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.