Microlise Group (LON:SAAS) Price Target Raised to GBX 210 at Berenberg Bank

Microlise Group (LON:SAAS) had its price objective hoisted by Berenberg Bank from GBX 170 ($2.10) to GBX 210 ($2.59) in a report issued on Tuesday morning, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.

Microlise Group Price Performance

LON:SAAS opened at GBX 166.50 ($2.06) on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 2.05. The business’s 50-day simple moving average is GBX 142.98 and its two-hundred day simple moving average is GBX 117.40. The stock has a market cap of £193.06 million, a PE ratio of 16,995.00 and a beta of 0.37. Microlise Group has a 52 week low of GBX 88.04 ($1.09) and a 52 week high of GBX 178 ($2.20).

Microlise Group Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be issued a GBX 1.73 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a dividend yield of 1.03%. Microlise Group’s dividend payout ratio (DPR) is 20,000.00%.

Microlise Group Company Profile

Microlise Group plc provides transport management technology solutions. The company offers SaaS platform that digitizes the business processes of enterprise organizations running logistics operations. Its hardware and software technology solutions capture and analyze real-time transport and logistics data events to allow fleet operators to enhance across a range of key performance indicators, including operating efficiency, greenhouse gas emissions, and safety standards.