Microlise Group (LON:SAAS) Reaches New 1-Year Low – Time to Sell?

Microlise Group plc (LON:SAAS) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 41 and last traded at GBX 41.50, with a volume of 59357 shares. The stock had previously closed at GBX 42.50.

Wall Street Analysts Forecast Growth

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

Microlise Group Trading Down 2.4%

The firm has a market cap of £48.12 million, a price-to-earnings ratio of -60.76 and a beta of 0.43. The company has a fifty day moving average price of GBX 55.91 and a 200-day moving average price of GBX 79.99. The company has a current ratio of 1.01, a quick ratio of 1.08 and a debt-to-equity ratio of 5.70.

Microlise Group (LON:SAAS) last issued its quarterly earnings data 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, research analysts expect that Microlise Group plc will post 5.5260831 EPS for the current year.

About Microlise Group

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