Microlise Group (LON:SAAS) Issues Earnings Results

Microlise Group (LON:SAAS) 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 return on equity of 3.09% and a negative net margin of 2.58%.

Microlise Group Trading Down 2.1%

Microlise Group stock opened at GBX 47 on Wednesday. The company has a market capitalization of £54.51 million, a price-to-earnings ratio of -25.13 and a beta of 0.38. The company has a current ratio of 1.01, a quick ratio of 1.08 and a debt-to-equity ratio of 5.70. The business’s fifty day simple moving average is GBX 45.35 and its two-hundred day simple moving average is GBX 49.15. Microlise Group has a 12 month low of GBX 37 and a 12 month high of GBX 150.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 155 price objective on shares of Microlise Group in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Microlise Group has an average rating of “Buy” and an average price target of GBX 150.

Microlise Group Company Profile

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.