Agilysys, Inc. CEO Ramesh Srinivasan purchased 60,000 shares of Agilysys stock in a transaction that occurred on February 15. The shares were bought at an average price of .62 per share, with a total value of 7,200.00. The acquisition was disclosed last week in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Agilysys, Inc. (NASDAQ:AGYS) traded up 3.01% during mid-day trading on February 25, reaching $9.58. 51,196 shares of the company traded hands. The stock’s 50-day moving average is $9.98 and its 200-day moving average is $10.39. Agilysys, Inc. has a 52-week low of $8.17 and a 52-week high of $12.15. The company’s market capitalization is $216.6 million.
Agilysys last issued its quarterly earnings data on February 9. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.05. Agilysys had a negative net margin of 6.18 percent and a negative return on equity of 6.61 percent. The company had revenue of $33.40 million for the quarter, compared to the consensus estimate of $34.97 million. During the same period last year, the firm posted ($0.07) EPS. On average, equities analysts predict that Agilysys, Inc. will post ($0.36) EPS for the current fiscal year.
Separately, Sidoti upgraded shares of Agilysys from a “neutral” rating to a “buy” rating for their price target of $11 in a research report on Februrary 17, 2017. Sidoti’s price target points to a potential upside of 22.91 percent from the company’s previous close.
