Logility Supply Chain Solutions (NASDAQ:LGTY) Downgraded to Neutral Rating by 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 report released on Monday,Briefing.com Automated Import reports.

Logility Supply Chain Solutions Stock Performance

NASDAQ:LGTY traded up $2.81 during trading hours on Monday, reaching $14.13. The company had a trading volume of 1,009,066 shares, compared to its average volume of 206,200. The stock has a 50 day moving average price of $11.00. Logility Supply Chain Solutions has a 1-year low of $8.41 and a 1-year high of $14.20. The company has a market capitalization of $475.90 million, a price-to-earnings ratio of 74.37 and a beta of 0.74.

Logility Supply Chain Solutions (NASDAQ:LGTY) last released its 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 net margin of 6.15% and a return on equity of 7.03%. On average, equities analysts anticipate that Logility Supply Chain Solutions will post 0.21 earnings per share for the current year.

About Logility Supply Chain Solutions

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.