Microlise Group (LON:SAAS) Issues Quarterly Earnings Results

Microlise Group (LON:SAASGet Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 1.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Microlise Group had a negative net margin of 3.05% and a negative return on equity of 3.58%.

Microlise Group Price Performance

Shares of LON SAAS traded down GBX 0.85 during mid-day trading on Thursday, reaching GBX 47.15. The company’s stock had a trading volume of 103,324 shares, compared to its average volume of 174,709. The stock has a 50-day moving average of GBX 45.54 and a two-hundred day moving average of GBX 49. The stock has a market capitalization of £54.69 million, a P/E ratio of -25.21 and a beta of 0.38. The company has a debt-to-equity ratio of 6.61, a quick ratio of 1.08 and a current ratio of 1.05. Microlise Group has a 1-year low of GBX 37 and a 1-year high of GBX 150.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 155 price objective on shares of Microlise Group in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Microlise Group has a consensus rating of “Buy” and a consensus target price of GBX 150.

View Our Latest Stock Report on SAAS

About Microlise Group

(Get Free Report)

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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