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

Microlise Group plc (LON:SAAS)’s stock price hit a new 52-week low during 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.

Wall Street Analysts Forecast Growth

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

Microlise Group Trading Down 2.3%

The company has a current ratio of 1.01, a quick ratio of 1.08 and a debt-to-equity ratio of 5.70. The firm has a market cap of £47.60 million, a PE ratio of -60.10 and a beta of 0.43. The company’s 50-day moving average is GBX 54.58 and its 200 day moving average is GBX 78.29.

Microlise Group (LON:SAAS) last released its earnings results on Thursday, May 14th. The company reported GBX 1.72 earnings per share (EPS) for the quarter. Microlise Group had a negative net margin of 2.58% and a negative return on equity of 3.09%. The company had revenue of GBX 8,403 million during the quarter. As a group, sell-side analysts predict that Microlise Group plc will post 5.5260831 EPS 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