Logility Supply Chain Solutions (NASDAQ:LGTY) Stock Rating Lowered by B. Riley

B. Riley lowered shares of Logility Supply Chain Solutions (NASDAQ:LGTYFree Report) from a buy rating to a neutral rating in a research note published on Monday, MarketBeat reports.

Logility Supply Chain Solutions Stock Up 24.7 %

Shares of LGTY stock opened at $14.12 on Monday. Logility Supply Chain Solutions has a 52 week low of $8.41 and a 52 week high of $14.20. The business’s 50 day moving average is $11.07. The firm has a market cap of $475.56 million, a P/E ratio of 74.32 and a beta of 0.74.

Logility Supply Chain Solutions (NASDAQ:LGTYGet Free Report) last issued its quarterly earnings data on Thursday, November 21st. The company reported $0.07 EPS for the quarter, topping 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%. On average, sell-side analysts forecast that Logility Supply Chain Solutions will post 0.21 earnings per share for the current year.

About Logility Supply Chain Solutions

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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.

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