Microlise Group plc (LON:SAAS – Get Free Report)’s stock price traded down 2.9% during mid-day trading on Wednesday . The company traded as low as GBX 40.01 and last traded at GBX 40.80. 17,872 shares changed hands during trading, a decline of 88% from the average session volume of 155,172 shares. The stock had previously closed at GBX 42.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group cut Microlise Group to a “buy” rating and dropped their price objective for the company from GBX 191 to GBX 166 in a report on Thursday, May 14th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Microlise Group presently has a consensus rating of “Buy” and a consensus target price of GBX 155.50.
View Our Latest Analysis on Microlise Group
Microlise Group Price Performance
Microlise Group (LON:SAAS – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported GBX 1.72 EPS for the quarter. Microlise Group had a negative net margin of 2.58% and a negative return on equity of 3.09%. The company had revenue of GBX 8,403 million during the quarter. On average, research analysts forecast that Microlise Group plc will post 5.5260831 earnings per share for the current 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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