Microlise Group (LON:SAAS) Reaches New 12-Month Low – What’s Next?

Microlise Group plc (LON:SAASGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as GBX 37 and last traded at GBX 37, with a volume of 74432 shares. The stock had previously closed at GBX 38.

Analyst Ratings Changes

Separately, Canaccord Genuity Group cut shares of Microlise Group to a “buy” rating and decreased their price objective for the company from GBX 191 to GBX 166 in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 155.50.

Check Out Our Latest Stock Report on SAAS

Microlise Group Price Performance

The company has a current ratio of 1.01, a quick ratio of 1.08 and a debt-to-equity ratio of 5.70. The company has a fifty day moving average price of GBX 43.38 and a two-hundred day moving average price of GBX 64.16. The firm has a market cap of £44.07 million, a P/E ratio of -20.32 and a beta of 0.38.

Microlise Group (LON:SAASGet Free Report) last posted its earnings results on Thursday, May 14th. The company reported GBX 1.72 earnings per share (EPS) for the quarter. Microlise Group had a negative return on equity of 3.09% and a negative net margin of 2.58%.The business had revenue of GBX 8,403 million during the quarter. Equities analysts anticipate that Microlise Group plc will post 5.5260831 earnings per share for the current year.

About Microlise Group

(Get Free Report)

Microlise is a leading provider of transport management software to fleet operators helping them to improve efficiency, safety, and reduce emissions

These improvements are delivered through reduced fuel use, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience

Established in 1982, Microlise is an award-winning business with around 350 employees based at the Group’s headquarters in Nottingham, as part of a total staff of 500 globally with international offices in France, India and Australia

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