Logility Supply Chain Solutions (NASDAQ:LGTY) Shares Up 0.1% – Time to Buy?

Logility Supply Chain Solutions, Inc. (NASDAQ:LGTY) shot up 0.1% during mid-day trading on Monday . The company traded as high as $14.29 and last traded at $14.26. 719,344 shares changed hands during trading, an increase of 28% from the average session volume of 561,811 shares. The stock had previously closed at $14.25.

Analyst Upgrades and Downgrades

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

Logility Supply Chain Solutions Price Performance

The firm’s 50-day simple moving average is $13.99. The company has a market capitalization of $481.08 million, a PE ratio of -1,428.00 and a beta of 0.88.

Logility Supply Chain Solutions (NASDAQ:LGTY) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.01. Logility Supply Chain Solutions had a positive return on equity of 5.52% and a negative net margin of 0.54%. The company had revenue of $25.01 million for the quarter, compared to analyst estimates of $25.09 million. Sell-side analysts anticipate that Logility Supply Chain Solutions, Inc. will post 0.21 earnings per share 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.