Microlise Group (LON:SAAS) Announces Quarterly Earnings Results

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

Microlise Group Price Performance

SAAS opened at GBX 47.15 on Thursday. The stock has a market cap of £54.69 million, a price-to-earnings ratio of -25.21 and a beta of 0.38. Microlise Group has a 1 year low of GBX 37 and a 1 year high of GBX 150. The company has a current ratio of 1.05, a quick ratio of 1.08 and a debt-to-equity ratio of 6.61. The stock has a fifty day moving average price of GBX 45.54 and a 200 day moving average price of GBX 49.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 155 price target on shares of Microlise Group in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 150.

Read Our Latest Research Report on SAAS

Microlise Group Company Profile

(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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