Logility Supply Chain Solutions (NASDAQ:LGTY) Lowered to “Hold” Rating by Maxim Group

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

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

Logility Supply Chain Solutions Price Performance

LGTY opened at $14.13 on Tuesday. The firm has a fifty day moving average price of $11.14. Logility Supply Chain Solutions has a 1 year low of $8.41 and a 1 year high of $14.19. The company has a market cap of $475.90 million, a P/E ratio of 74.37 and a beta of 0.74.

Logility Supply Chain Solutions (NASDAQ:LGTY) last released its quarterly earnings results on Thursday, November 21st. The company reported $0.07 EPS for the quarter, beating the consensus estimate 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%. On average, sell-side analysts predict that Logility Supply Chain Solutions will post 0.21 EPS 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.