Microlise Group (LON:SAAS) Reaches New 1-Year Low – Time to Sell?

Microlise Group plc (LON:SAAS) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 90 and last traded at GBX 92, with a volume of 89717 shares changing hands. The stock had previously closed at GBX 93.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Canaccord Genuity Group decreased their target price on Microlise Group from GBX 199 to GBX 191 and set a “buy” rating on the stock in a report on Monday, November 24th. Berenberg Bank dropped their price target on Microlise Group from GBX 210 to GBX 145 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 168.

Microlise Group Stock Performance

The firm’s fifty day moving average is GBX 96.76 and its 200 day moving average is GBX 118.24. The firm has a market capitalization of £106.67 million, a price-to-earnings ratio of -134.70 and a beta of 0.19. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.25 and a quick ratio of 1.08.

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