Microlise Group (LON:SAAS) Announces Earnings Results

Microlise Group (LON:SAASGet Free Report) posted 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 net margin of 3.05% and a negative return on equity of 3.58%.

Microlise Group Trading Down 0.5%

LON:SAAS opened at GBX 47.77 on Thursday. The stock’s fifty day moving average price is GBX 45.54 and its two-hundred day moving average price is GBX 49. The company has a debt-to-equity ratio of 6.61, a current ratio of 1.05 and a quick ratio of 1.08. Microlise Group has a 1 year low of GBX 37 and a 1 year high of GBX 150. The company has a market cap of £55.40 million, a P/E ratio of -25.54 and a beta of 0.38.

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 report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 150.

View Our Latest Analysis on Microlise Group

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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