Microlise Group (LON:SAAS) Reaches New 12-Month Low – Time to Sell?

Microlise Group plc (LON:SAAS)’s share price reached a new 52-week low on Monday . The stock traded as low as GBX 37 and last traded at GBX 40, with a volume of 53556 shares traded. The stock had previously closed at GBX 40.

Analyst Upgrades and Downgrades

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

Microlise Group Stock Performance

The company’s 50-day moving average is GBX 45.79 and its two-hundred day moving average is GBX 66.03. The company has a market capitalization of £47.55 million, a P/E ratio of -21.93 and a beta of 0.38. The company has a quick ratio of 1.08, a current ratio of 1.01 and a debt-to-equity ratio of 5.70.

Microlise Group (LON:SAAS) last announced 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 business had revenue of GBX 8,403 million during the quarter. Equities analysts anticipate that Microlise Group plc will post 5.5260831 earnings per share for the current fiscal 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