Microlise Group (LON:SAAS – Get Free Report) released its earnings results on Thursday. The company reported GBX 1.72 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 8,403 million during the quarter. Microlise Group had a negative return on equity of 1.09% and a negative net margin of 0.93%.
Microlise Group Stock Performance
SAAS traded down GBX 15.50 during trading hours on Thursday, hitting GBX 42.50. 4,323,910 shares of the stock were exchanged, compared to its average volume of 112,638. The stock has a 50-day simple moving average of GBX 60.91 and a 200-day simple moving average of GBX 85.19. Microlise Group has a 12 month low of GBX 41 and a 12 month high of GBX 150. The stock has a market cap of £49.28 million, a price-to-earnings ratio of -62.23 and a beta of 0.43. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.03 and a quick ratio of 1.08.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group cut Microlise Group to a “buy” rating and reduced their target price for the company from GBX 191 to GBX 166 in a research note on Thursday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Microlise Group presently has an average rating of “Buy” and a consensus 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
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