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

Shares of Microlise Group plc (LON:SAAS) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 41 and last traded at GBX 41.50, with a volume of 59357 shares traded. The stock had previously closed at GBX 42.50.

Wall Street Analyst Weigh In

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

Microlise Group Price Performance

The stock has a market capitalization of £48.12 million, a PE ratio of -60.76 and a beta of 0.43. The stock’s 50 day moving average is GBX 55.91 and its two-hundred day moving average is GBX 79.99. The company has a debt-to-equity ratio of 5.70, a quick ratio of 1.08 and a current ratio of 1.01.

Microlise Group (LON:SAAS) last issued its quarterly earnings results on Thursday, May 14th. The company reported GBX 1.72 earnings per share for the quarter. The firm had revenue of GBX 8,403 million for the quarter. Microlise Group had a negative net margin of 2.58% and a negative return on equity of 3.09%. On average, equities analysts anticipate 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