It Seems Agilysys, Inc. (AGYS) Will Go Up. Formed A Few Months Double Top Pattern

January 18, 2018 - By Migdalia James

Investors sentiment increased to 1.48 in 2017 Q3. Its up 0.17, from 1.31 in 2017Q2. It is positive, as 5 investors sold Agilysys, Inc. shares while 18 reduced holdings. 12 funds opened positions while 22 raised stakes. 17.57 million shares or 2.82% less from 18.08 million shares in 2017Q2 were reported.
Royal Bank Of Canada invested 0% in Agilysys, Inc. (NASDAQ:AGYS). Bridgeway Cap invested in 89,900 shares or 0.01% of the stock. D E Shaw Co has invested 0% of its portfolio in Agilysys, Inc. (NASDAQ:AGYS). California Pub Employees Retirement accumulated 53,800 shares. Shufro Rose Ltd Co owns 110,660 shares or 0.13% of their US portfolio. Raymond James And Associate invested 0% in Agilysys, Inc. (NASDAQ:AGYS). 1.18M are held by Archon Cap Mgmt Ltd Company. Punch And Associates Investment Management has invested 0.45% of its portfolio in Agilysys, Inc. (NASDAQ:AGYS). Legal And General Group Pcl invested in 0% or 25,186 shares. 197,933 are held by National Bank Of New York Mellon. Ameritas Inv reported 0% of its portfolio in Agilysys, Inc. (NASDAQ:AGYS). State Common Retirement Fund has 14,100 shares for 0% of their portfolio. Prudential Fin owns 24,999 shares. Principal Group holds 0% or 116,427 shares. Moreover, Voya Invest Ltd Liability Corp has 0% invested in Agilysys, Inc. (NASDAQ:AGYS) for 12,691 shares.

The chart of Agilysys, Inc. (AGYS) shows a double top with $13.66 target or 8.00 % above today’s $12.65 share price. The 7 months chart pattern indicates low risk for the $294.98 million company. It was reported on Jan, 18 by Finviz.com. If the $13.66 price target is reached, the company will be worth $23.60M more. Double tops are rare but powerful chart patterns.

The stock increased 1.93% or $0.24 during the last trading session, reaching $12.65. About 22,012 shares traded. Agilysys, Inc. (NASDAQ:AGYS) has declined 6.49% since January 18, 2017 and is downtrending. It has underperformed by 23.19% the S&P500.

More notable recent Agilysys, Inc. (NASDAQ:AGYS) news were published by: Seekingalpha.com which released: “Agilysys Inc.’s (AGYS) CEO on Q2 2018 Results – Earnings Call Transcript” on November 05, 2017, also Businesswire.com with their article: “Agilysys CTO Larry Steinberg Discusses the State of Current Technology for …” published on September 15, 2017, Seekingalpha.com published: “Agilysys’ (AGYS) CEO Ramesh Srinivasan on Q4 2017 Results – Earnings Call …” on June 02, 2017. More interesting news about Agilysys, Inc. (NASDAQ:AGYS) were released by: Seekingalpha.com and their article: “Agilysys’ (AGYS) CEO Ramesh Srinivasan on Q3 2017 Results – Earnings Call …” published on February 10, 2017 as well as Businesswire.com‘s news article titled: “Hospitality Industry Veteran Don DeMarinis to Join Agilysys as Senior Vice …” with publication date: January 12, 2018.

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