Microlise Group (LON:SAAS) Sets New 52-Week Low – Time to Sell?

Microlise Group plc (LON:SAAS – Get Free Report)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as GBX 39.21 and last traded at GBX 41, with a volume of 75174 shares traded. The stock had previously closed at GBX 41.

Analyst Upgrades and Downgrades

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

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Microlise Group Price Performance

The company has a 50 day simple moving average of GBX 48.81 and a two-hundred day simple moving average of GBX 68.88. 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 £47.54 million, a P/E ratio of -21.93 and a beta of 0.38.

Microlise Group (LON:SAAS – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 1.72 earnings per share (EPS) for the quarter. The business had revenue of GBX 8,403 million during the quarter. Microlise Group had a negative return on equity of 3.09% and a negative net margin of 2.58%. As a group, equities analysts predict that Microlise Group plc will post 5.5260831 EPS for the current year.

About Microlise Group

(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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