Microlise Group (LON:SAAS) Sets New 52-Week Low – Time to Sell?

Microlise Group plc (LON:SAASGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as GBX 39.21 and last traded at GBX 41, with a volume of 75174 shares. The stock had previously closed at GBX 41.

Wall Street Analyst Weigh In

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

Read Our Latest Report on SAAS

Microlise Group Price Performance

The company has a debt-to-equity ratio of 5.70, a quick ratio of 1.08 and a current ratio of 1.01. The company’s 50-day moving average price is GBX 48.81 and its 200 day moving average price is GBX 68.88. The stock has a market capitalization of £47.54 million, a P/E ratio of -21.93 and a beta of 0.38.

Microlise Group (LON:SAASGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported GBX 1.72 earnings per share (EPS) for the quarter. The business had revenue of GBX 8,403 million during the quarter. Microlise Group had a negative return on equity of 3.09% and a negative net margin of 2.58%. As a group, equities analysts expect that Microlise Group plc will post 5.5260831 earnings per share for the current year.

Microlise Group Company Profile

(Get Free Report)

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

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