Microlise Group (LON:SAAS) Releases Earnings Results

Microlise Group (LON:SAAS) announced its quarterly earnings data on Wednesday. The company reported GBX 1.20 earnings per share for the quarter, Digital Look Earnings reports. Microlise Group had a negative return on equity of 3.09% and a negative net margin of 2.58%.

Microlise Group Stock Performance

Shares of SAAS stock opened at GBX 47 on Wednesday. Microlise Group has a 12 month low of GBX 37 and a 12 month high of GBX 150. 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 firm’s 50 day moving average is GBX 45.35 and its 200 day moving average is GBX 49.15. The stock has a market capitalization of £54.51 million, a P/E ratio of -25.13 and a beta of 0.38.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 155 price objective on shares of Microlise Group in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 150.

About Microlise Group

Microlise Group Plc is a leading provider of transport and fleet technology to transport and logistic 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 over 2,500 clients, and a global workforce of 730 across the Group’s headquarters in Nottingham in the UK, and offices in France, Australia, and India.

Microlise is listed on the AIM market of the London Stock Exchange (AIM: SAAS) and qualifies for the London Stock Exchange’s Green Economy Mark.