Logility Supply Chain Solutions (NASDAQ:LGTY) Shares Up 0.1% – Still a Buy?

Logility Supply Chain Solutions, Inc. (NASDAQ:LGTY)’s stock price was up 0.1% on Friday . The company traded as high as $14.31 and last traded at $14.29. Approximately 2,381,725 shares traded hands during mid-day trading, an increase of 300% from the average daily volume of 594,729 shares. The stock had previously closed at $14.28.

Logility Supply Chain Solutions Trading Up 0.1%

The stock has a 50 day moving average of $14.29. The stock has a market capitalization of $481.42 million, a price-to-earnings ratio of -1,429.00 and a beta of 0.82.

Hedge Funds Weigh In On Logility Supply Chain Solutions

Several institutional investors and hedge funds have recently bought and sold shares of LGTY. CWM LLC bought a new position in Logility Supply Chain Solutions during the 1st quarter valued at approximately $59,000. Wolverine Asset Management LLC purchased a new stake in Logility Supply Chain Solutions in the first quarter worth about $69,000. Longfellow Investment Management Co. LLC bought a new position in Logility Supply Chain Solutions during the 1st quarter valued at approximately $74,000. Strs Ohio purchased a new position in shares of Logility Supply Chain Solutions in the 1st quarter worth about $76,000. Finally, New York State Common Retirement Fund bought a new stake in shares of Logility Supply Chain Solutions during the first quarter valued at approximately $120,000. 76.98% of the stock is currently owned by institutional investors.

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.