Microlise Group plc (LON:SAAS – Get Free Report) dropped 1.6% on Monday. The stock traded as low as GBX 61 and last traded at GBX 61.50. Approximately 108,450 shares traded hands during trading, a decline of 38% from the average session volume of 173,800 shares. The stock had previously closed at GBX 62.50.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 155 target price on shares of Microlise Group in a research note on Tuesday, September 22nd. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 150.
View Our Latest Research Report on SAAS
Microlise Group Stock Performance
The firm’s 50 day moving average price is GBX 55.37 and its 200-day moving average price is GBX 56.49. The firm has a market cap of £68.30 million, a price-to-earnings ratio of -28.04 and a beta of 0.39. The company has a debt-to-equity ratio of 6.61, a current ratio of 1.05 and a quick ratio of 1.08.
Microlise Group (LON:SAAS – Get Free Report) last announced its earnings results on Wednesday, September 23rd. The company reported GBX 1.20 earnings per share (EPS) for the quarter. Microlise Group had a negative net margin of 3.05% and a negative return on equity of 3.58%. On average, analysts anticipate that Microlise Group plc will post 5.53 earnings per share for the current year.
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.
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