BidaskClub downgraded shares of Agilysys (NASDAQ:AGYS) from a hold rating to a sell rating in a research report sent to investors on Wednesday morning.
Agilysys (NASDAQ:AGYS) traded up $0.04 during trading hours on Wednesday, hitting $11.47. 21,800 shares of the stock were exchanged, compared to its average volume of 43,915. The stock has a market cap of $266.47, a P/E ratio of -19.78 and a beta of 0.35. Agilysys has a 12-month low of $8.75 and a 12-month high of $13.00.
Agilysys (NASDAQ:AGYS) last announced its quarterly earnings results on Thursday, January 25th. The software maker reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $31.31 million during the quarter. Agilysys had a negative return on equity of 12.12% and a negative net margin of 10.66%.
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Agilysys, Inc is a technology company. The Company provides software for point-of-sale (POS), property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The Company serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare.
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