Microlise Group (LON:SAAS) Hits New 12-Month Low – Here’s What Happened

Microlise Group plc (LON:SAAS – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 41 and last traded at GBX 41.05, with a volume of 330776 shares traded. The stock had previously closed at GBX 42.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered shares of Microlise Group to a “buy” rating and cut their target price for the stock from GBX 191 to GBX 166 in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 155.50.

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Check Out Our Latest Analysis on SAAS

Microlise Group Price Performance

The business’s 50-day moving average price is GBX 53.55 and its 200 day moving average price is GBX 76.51. The company has a quick ratio of 1.08, a current ratio of 1.01 and a debt-to-equity ratio of 5.70. The company has a market capitalization of £48.09 million, a P/E ratio of -22.18 and a beta of 0.43.

Microlise Group (LON:SAAS – Get Free Report) last released its quarterly earnings data 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. Analysts anticipate that Microlise Group plc will post 5.5260831 EPS for the current fiscal year.

Microlise Group Company Profile

(Get Free Report)

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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