Microlise Group plc (LON:SAAS – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 37 and last traded at GBX 40, with a volume of 53556 shares changing hands. The stock had previously closed at GBX 40.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group cut Microlise Group to a “buy” rating and reduced their price target for the company from GBX 191 to GBX 166 in a research report on Thursday, May 14th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 155.50.
Check Out Our Latest Analysis on SAAS
Microlise Group Stock Performance
Microlise Group (LON:SAAS – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported GBX 1.72 EPS for the quarter. The firm had revenue of GBX 8,403 million for the quarter. Microlise Group had a negative return on equity of 3.09% and a negative net margin of 2.58%. On average, research analysts predict that Microlise Group plc will post 5.5260831 earnings per share for the current fiscal year.
About Microlise Group
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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