Logility Supply Chain Solutions (NASDAQ:LGTY) Rating Lowered to “Neutral” at B. Riley

Logility Supply Chain Solutions (NASDAQ:LGTY) was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating in a research report issued on Monday, Marketbeat reports.

Logility Supply Chain Solutions Stock Up 0.1 %

Shares of NASDAQ:LGTY opened at $14.13 on Monday. The company’s 50 day simple moving average is $11.14. The stock has a market cap of $475.90 million, a price-to-earnings ratio of 74.37 and a beta of 0.74. Logility Supply Chain Solutions has a 1 year low of $8.41 and a 1 year high of $14.19.

Logility Supply Chain Solutions (NASDAQ:LGTY) last announced its earnings results on Thursday, November 21st. The company reported $0.07 EPS for the quarter, beating 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, analysts forecast 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.