Microlise Group (LON:SAAS) Sets New 1-Year Low – What’s Next?

Microlise Group plc (LON:SAAS) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 37 and last traded at GBX 40, with a volume of 53556 shares trading hands. The stock had previously closed at GBX 40.

Analyst Ratings Changes

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

Microlise Group Price Performance

The company has a debt-to-equity ratio of 5.70, a quick ratio of 1.08 and a current ratio of 1.01. The company has a market capitalization of £46.38 million, a price-to-earnings ratio of -21.39 and a beta of 0.38. The company has a 50-day moving average price of GBX 46.71 and a 200-day moving average price of GBX 66.77.

Microlise Group (LON:SAAS) last released its quarterly earnings data on Thursday, May 14th. The company reported GBX 1.72 earnings per share for the quarter. Microlise Group had a negative net margin of 2.58% and a negative return on equity of 3.09%. The business had revenue of GBX 8,403 million for the quarter. On average, equities research analysts expect that Microlise Group plc will post 5.5260831 EPS for the current fiscal year.

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