Microlise Group (LON:SAAS) Receives Buy Rating from Canaccord Genuity Group

Microlise Group (LON:SAAS)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity Group in a research note issued to investors on Monday,London Stock Exchange reports. They presently have a GBX 166 price target on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 324.55% from the stock’s current price.

Microlise Group Trading Down 2.2%

SAAS stock opened at GBX 39.10 on Monday. 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 simple moving average is GBX 40.26 and its 200 day simple moving average is GBX 59.08. Microlise Group has a 52 week low of GBX 37 and a 52 week high of GBX 150. The company has a market capitalization of £45.35 million, a PE ratio of -20.91 and a beta of 0.38.

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

Microlise Group Company Profile

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