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

Microlise Group plc (LON:SAAS)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 41 and last traded at GBX 41.05, with a volume of 330776 shares trading hands. The stock had previously closed at GBX 42.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group cut 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 analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Microlise Group has an average rating of “Buy” and a consensus target price of GBX 155.50.

Microlise Group Trading Down 2.3%

The firm has a market capitalization of £47.60 million, a price-to-earnings ratio of -60.10 and a beta of 0.43. The firm’s 50 day moving average is GBX 54.58 and its 200 day moving average is GBX 78.29. 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 (LON:SAAS) last released its 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. Equities analysts forecast that Microlise Group plc will post 5.5260831 earnings per share for the current 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