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

Shares of Microlise Group plc (LON:SAAS) hit a new 52-week low on Monday . The stock traded as low as GBX 37 and last traded at GBX 37, with a volume of 74432 shares traded. The stock had previously closed at GBX 38.

Wall Street Analysts Forecast Growth

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

Microlise Group Price Performance

The firm has a 50-day simple moving average of GBX 44.35 and a 200-day simple moving average of GBX 64.92. The firm has a market cap of £42.91 million, a P/E ratio of -19.79 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.

Microlise Group (LON:SAAS) last released its quarterly earnings results on Thursday, May 14th. The company reported GBX 1.72 EPS 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 during the quarter. As a group, analysts forecast that Microlise Group plc will post 5.5260831 EPS for the current year.

Microlise Group Company Profile

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