Logility Supply Chain Solutions Inc (NASDAQ:LGTY) does about 268.05K shares in volume on a normal day but saw 1240529 shares change hands in the recent trading day. The company now has a market cap of 475.90M USD. Its current market price is $14.13, marking an increase of 0.07% compared to the previous close of $14.12. The 52 week high reached by this stock is $14.19 whilst the lowest price level in 52 weeks is $8.41.
Logility Supply Chain Solutions Inc (LGTY) has a 20-day trading average at $11.31 and the current price is -0.46% off the 52-week high compared with 68.01% distance from its 52-week low. The 50-day simple moving average of the closing price is $11.12 and its 200-day simple moving average is $10.53. If we look at the stock’s price movements over the week, volatility stands at 2.18%, which increases to 3.08% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 84.47 to suggest the stock is overbought.
The consensus objective for the share price is $13.65, suggesting that the stock has a potential downside of -3.52% over the period.
Maxim Group reiterated its price target at $16-$17.
The current price level is 24.91%, 27.06%, and 34.17% away from its SMA20, SMA50, and SMA200 respectively, with the LGTY price moving below the 50-day SMA on current market day. Logility Supply Chain Solutions Inc (LGTY) stock is up 26.73% over the week and 29.16% over the past month. Its price is 27.53% year-to-date and 20.15% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.09 and 0.41 for whole year. Expected sales for next quarter are $26.12M, which analysts say will come at $102.84M for the current fiscal year and next year at $107.67M. In addition, estimates put the company’s current quarterly revenue at an average of $25.26M.
To reach the target analysts have set, the stock logically needs to shrink -3.52 percent from here.
Outstanding shares total 33.68M with insiders holding 2.34% of the shares and institutional holders owning 71.04% of the company’s common stock. The company has a return on investment of 7.73% and return on equity of 7.75%. The price to earnings ratio (P/E ratio) amounts to 46.88 while the forward price to earnings ratio is 34.46. The beta has a value of 0.75. Price to book ratio is 3.66 and price to sales ratio is 4.65.
