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Agilysys, Inc. CEO Ramesh Srinivasan Purchases 60,000 Shares of Stock

Wednesday, March 01, 2017
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Agilysys, Inc. (NASDAQ:AGYS) CEO Ramesh Srinivasan purchased 60,000 shares of Agilysys stock in a transaction that occurred on Wednesday, February 15th, according to Daily Political. The website reported that shares were bought at an average price of $9.62 per share, with a total value of $577,200.00. The acquisition was disclosed 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 Friday, 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 $216.60 million.

Agilysys (NASDAQ:AGYS) last issued its quarterly earnings data on Thursday, February 9th. 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% and a negative return on equity of 6.61%. 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.

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