Microlise Group (LON:SAAS) Announces Earnings Results

Microlise Group (LON:SAAS) released its quarterly earnings data on Thursday. The company reported GBX 1.72 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Microlise Group had a negative return on equity of 1.09% and a negative net margin of 0.93%.The business had revenue of GBX 8,403 million during the quarter.

Microlise Group Stock Performance

Shares of SAAS traded down GBX 15.50 during midday trading on Thursday, reaching GBX 42.50. 4,323,910 shares of the stock were exchanged, compared to its average volume of 112,638. Microlise Group has a twelve month low of GBX 41 and a twelve month high of GBX 150. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.03 and a quick ratio of 1.08. The company has a market capitalization of £49.28 million, a price-to-earnings ratio of -62.23 and a beta of 0.43. The business’s 50-day moving average price is GBX 60.91 and its 200 day moving average price is GBX 85.19.

Analyst Ratings Changes

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

About Microlise Group

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