Microlise Group (LON:SAAS) Reaches New 12-Month Low – Should You Sell?

Shares of Microlise Group plc (LON:SAAS) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 64 and last traded at GBX 65.02, with a volume of 78666 shares traded. The stock had previously closed at GBX 66.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 191 target price on shares of Microlise Group in a research note on Monday, February 2nd. Berenberg Bank lowered their price target on shares of Microlise Group from GBX 210 to GBX 145 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Microlise Group has a consensus rating of “Buy” and an average target price of GBX 168.

Microlise Group Price Performance

The business’s 50 day moving average is GBX 84.25 and its two-hundred day moving average is GBX 106.41. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.08 and a current ratio of 1.03. The firm has a market capitalization of £75.39 million, a PE ratio of -95.20 and a beta of 0.09.

Microlise Group Company Profile

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