Microlise Group (LON:SAAS) Announces Quarterly Earnings Results

Microlise Group (LON:SAAS – Get Free Report) issued its earnings results on Wednesday. The company reported GBX 1.20 EPS 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 Trading Down 0.6%

SAAS traded down GBX 0.30 during midday trading on Thursday, hitting GBX 47.70. 85,288 shares of the company were exchanged, compared to its average volume of 174,611. The firm’s 50 day moving average price is GBX 45.54 and its 200-day moving average price is GBX 49. Microlise Group has a 1-year low of GBX 37 and a 1-year high of GBX 150. The firm has a market capitalization of £55.32 million, a P/E ratio of -25.51 and a beta of 0.38. The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 6.61.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated 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 data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 150.

Read Our Latest Report on Microlise Group

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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