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

Logility Supply Chain Solutions (NASDAQ:LGTY) was downgraded by investment analysts at Maxim Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Briefing.com Automated Import reports.

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

Logility Supply Chain Solutions Stock Performance

Logility Supply Chain Solutions stock opened at $14.12 on Tuesday. The firm’s 50 day moving average price is $11.07. The company has a market cap of $475.56 million, a PE ratio of 74.32 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 $14.20.

Logility Supply Chain Solutions (NASDAQ:LGTY) last issued its quarterly earnings results 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 return on equity of 7.03% and a net margin of 6.15%. As a group, equities analysts forecast 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.