Logility Supply Chain Solutions Inc (LGTY) average volume reaches $183.70K: Is Wall Street expecting a rally?

On Friday, Logility Supply Chain Solutions Inc (NASDAQ: LGTY) opened lower -13.04% from the last session, before settling in for the closing price of $11.20. Price fluctuations for LGTY have ranged from $8.41 to $12.27 over the past 52 weeks.

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During the last 5-year period, the sales drop of Technology Sector giant was -0.65%. Company’s average yearly earnings per share was noted -19.61% at the time writing. With a float of $32.79 million, this company’s outstanding shares have now reached $35.48 million.

Let’s determine the extent of company efficiency that accounts for 412 employees.

Logility Supply Chain Solutions Inc (LGTY) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Logility Supply Chain Solutions Inc is 7.57%, while institutional ownership is 72.26%. The most recent insider transaction that took place on Jun 27 ’24, was worth 1,792. In this transaction Director of this company bought 200 shares at a rate of $8.96, taking the stock ownership to the 416,351 shares. Before that another transaction happened on Jul 01 ’24, when Company’s Director bought 3,718 for $9.15, making the entire transaction worth $34,014. This insider now owns 719 shares in total.

Logility Supply Chain Solutions Inc (LGTY) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 10/31/2024, the company posted 0.19 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.08) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -19.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 4.81% growth over the previous five years of trading.

Logility Supply Chain Solutions Inc (NASDAQ: LGTY) Trading Performance Indicators

Check out the current performance indicators for Logility Supply Chain Solutions Inc (LGTY). In the past quarter, the stock posted a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.93. Likewise, its price to free cash flow for the trailing twelve months is 213.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.41 in one year’s time.

Technical Analysis of Logility Supply Chain Solutions Inc (LGTY)

Looking closely at Logility Supply Chain Solutions Inc (NASDAQ: LGTY), its last 5-days average volume was 0.31 million, which is a jump from its year-to-date volume of 0.21 million. As of the previous 9 days, the stock’s Stochastic %D was 23.39%. Additionally, its Average True Range was 0.43.

During the past 100 days, Logility Supply Chain Solutions Inc’s (LGTY) raw stochastic average was set at 30.50%, which indicates a significant increase from 30.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.24% in the past 14 days, which was higher than the 37.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.86, while its 200-day Moving Average is $10.55. However, in the short run, Logility Supply Chain Solutions Inc’s stock first resistance to watch stands at $10.09. Second resistance stands at $10.45. The third major resistance level sits at $11.14. If the price goes on to break the first support level at $9.04, it is likely to go to the next support level at $8.35. Should the price break the second support level, the third support level stands at $7.99.

Logility Supply Chain Solutions Inc (NASDAQ: LGTY) Key Stats

There are currently 37,008K shares outstanding in the company with a market cap of 300.53 million. Presently, the company’s annual sales total 102,520 K according to its annual income of 11,370 K. Last quarter, the company’s sales amounted to 26,190 K and its income totaled 2,050 K.