Microlise Group (LON:SAAS) Announces Quarterly Earnings Results

Microlise Group (LON:SAAS) announced its quarterly earnings data on Thursday. The company reported GBX 1.72 earnings per share (EPS) 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%.The company had revenue of GBX 8,403 million for the quarter.

Microlise Group Stock Performance

Shares of SAAS opened at GBX 42 on Friday. Microlise Group has a 12 month low of GBX 41 and a 12 month high of GBX 150. The stock has a fifty day moving average price of GBX 59.78 and a 200-day moving average price of GBX 84.37. 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 has a market cap of £48.70 million, a PE ratio of -61.49 and a beta of 0.43.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group cut Microlise Group to a “buy” rating and dropped their price objective for the stock from GBX 191 to GBX 166 in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 155.50.

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