Maxim Group Downgrades Logility Supply Chain Solutions (NASDAQ:LGTY) to Hold

Maxim Group cut shares of Logility Supply Chain Solutions (NASDAQ:LGTY) from a buy rating to a hold rating in a research note published on Tuesday, Marketbeat Ratings reports.

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

Logility Supply Chain Solutions Stock Up 0.1 %

NASDAQ LGTY opened at $14.13 on Tuesday. The business’s fifty day simple moving average is $11.14. The company has a market capitalization of $475.90 million, a PE ratio of 74.37 and a beta of 0.74. Logility Supply Chain Solutions has a fifty-two week low of $8.41 and a fifty-two week high of $14.19.

Logility Supply Chain Solutions (NASDAQ:LGTY) last announced its quarterly earnings data on Thursday, November 21st. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate 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, equities research analysts expect 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.