Microlise Group (LON:SAAS) Sets New 52-Week Low – Time to Sell?

Microlise Group plc (LON:SAASGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company 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.

Analysts Set New Price Targets

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

View Our Latest Report on SAAS

Microlise Group Price Performance

The stock has a 50 day moving average of GBX 44.35 and a 200-day moving average of GBX 64.92. 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 stock has a market capitalization of £42.91 million, a P/E ratio of -19.79 and a beta of 0.38.

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

Microlise Group Company Profile

(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

Further Reading

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