Microlise Group (LON:SAAS) Stock Rating Reaffirmed as Buy by Canaccord Genuity Group

Microlise Group (LON:SAAS – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a research report issued on Tuesday, Digital Look reports. They currently have a GBX 155 target price on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 217.95% from the company’s current price.

Microlise Group Price Performance

Shares of LON:SAAS traded up GBX 0.75 during trading on Tuesday, reaching GBX 48.75. The company had a trading volume of 59,919 shares, compared to its average volume of 174,088. The firm’s fifty day moving average is GBX 45.92 and its 200 day moving average is GBX 48.86. The company has a debt-to-equity ratio of 6.61, a quick ratio of 1.08 and a current ratio of 1.05. The firm has a market capitalization of £56.54 million, a PE ratio of -26.07 and a beta of 0.38. Microlise Group has a twelve month low of GBX 37 and a twelve month high of GBX 145.

Microlise Group (LON:SAAS – Get Free Report) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 1.20 earnings per share (EPS) for the quarter. Microlise Group had a negative return on equity of 3.58% and a negative net margin of 3.05%. On average, equities analysts forecast that Microlise Group will post 5.5260831 EPS for the current year.

Microlise Group Company Profile

(Get Free Report)

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.

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