Logility Supply Chain Solutions Inc (NASDAQ: LGTY) is 28.52% higher on its value in year-to-date trading and has touched a low of $8.41 and a high of $14.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LGTY stock was last observed hovering at around $14.23 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $14.24, the stock is 0.39% and 6.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 0.07% at the moment leaves the stock 27.11% off its SMA200. LGTY registered 27.14% gain for a year compared to 6-month gain of 30.40%. The firm has a 50-day simple moving average (SMA 50) of $13.3828 and a 200-day simple moving average (SMA200) of $11.2026.
The stock witnessed a 0.99% loss in the last 1 month and extending the period to 3 months gives it a 23.50%, and is 0.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.15% over the week and 0.23% over the month.
Logility Supply Chain Solutions Inc (LGTY) has around 412 employees, a market worth around $479.73M and $101.87M in sales. Current P/E ratio is 147.11 and Fwd P/E is 37.06. Profit margin for the company is 3.15%. Distance from 52-week low is 69.32% and -0.11% from its 52-week high. The company has generated returns on investments over the last 12 months (2.56%).
The EPS is expected to shrink by -9.09% this year
195.0 institutions hold shares in Logility Supply Chain Solutions Inc (LGTY), with institutional investors hold 81.47% of the company’s shares. The shares outstanding are 33.71M, and float is at 30.64M with Short Float at 3.19%. Institutions hold 74.64% of the Float.
Logility Supply Chain Solutions Inc (LGTY) Insider Activity
The most recent transaction is an insider purchase by MILLER JAMES B JR, the company’s Director. SEC filings show that MILLER JAMES B JR bought 200 shares of the company’s common stock on Jun 27 ’24 at a price of $8.96 per share for a total of $1792.0. Following the purchase, the insider now owns 0.42 million shares.
Logility Supply Chain Solutions Inc disclosed in a document filed with the SEC on Jul 01 ’24 that MILLER JAMES B JR (Director) bought a total of 3,718 shares of the company’s common stock. The trade occurred on Jul 01 ’24 and was made at $9.15 per share for $34014.0. Following the transaction, the insider now directly holds 719.0 shares of the LGTY stock.
Still, SEC filings show that on Jun 27 ’24, MILLER JAMES B JR (Director) acquired 271,518 shares at an average price of $9.00 for $2.44 million. The insider now directly holds 416,151 shares of Logility Supply Chain Solutions Inc (LGTY).
