Logility Supply Chain Solutions (NASDAQ:LGTY) Rating Lowered to “Neutral” at B. Riley

Logility Supply Chain Solutions (NASDAQ:LGTY) was downgraded by investment analysts at B. Riley from a “buy” rating to a “neutral” rating in a research report issued on Monday,Briefing.com Automated Import reports.

Logility Supply Chain Solutions Stock Up 24.8 %

NASDAQ LGTY traded up $2.81 on Monday, hitting $14.13. 1,009,066 shares of the stock were exchanged, compared to its average volume of 206,200. Logility Supply Chain Solutions has a 52-week low of $8.41 and a 52-week high of $14.20. The stock has a market capitalization of $475.90 million, a price-to-earnings ratio of 74.37 and a beta of 0.74. The business has a fifty day moving average price of $11.00.

Logility Supply Chain Solutions (NASDAQ:LGTY) last released its earnings results on Thursday, November 21st. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. Logility Supply Chain Solutions had a return on equity of 7.03% and a net margin of 6.15%. On average, research analysts forecast that Logility Supply Chain Solutions will post 0.21 earnings per share for the current year.

Logility Supply Chain Solutions Company Profile

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.