Microlise Group (LON:SAAS) Posts Quarterly Earnings Results

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

Microlise Group Trading Down 1.4%

Shares of Microlise Group stock opened at GBX 47.35 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.01 and a debt-to-equity ratio of 5.70. Microlise Group has a 12-month low of GBX 37 and a 12-month high of GBX 150. The company has a market capitalization of £54.92 million, a price-to-earnings ratio of -25.32 and a beta of 0.38. The firm’s 50-day moving average price is GBX 45.35 and its two-hundred day moving average price is GBX 49.15.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 155 price objective on shares of Microlise Group in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 150.

About Microlise Group

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.