Microlise Group (LON:SAAS) Issues Earnings Results

Microlise Group (LON:SAAS) announced its quarterly earnings results on Wednesday. The company reported GBX 1.20 earnings per share for the quarter, Digital Look Earnings reports. Microlise Group had a negative net margin of 3.05% and a negative return on equity of 3.58%.

Microlise Group Stock Down 1.7%

SAAS stock opened at GBX 47.17 on Friday. The stock has a market capitalization of £54.71 million, a P/E ratio of -25.22 and a beta of 0.38. The company has a debt-to-equity ratio of 6.61, a current ratio of 1.05 and a quick ratio of 1.08. Microlise Group has a 1-year low of GBX 37 and a 1-year high of GBX 145. The business has a fifty day moving average price of GBX 45.73 and a 200-day moving average price of GBX 48.86.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 155 target price on shares of Microlise Group in a report on Tuesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 150.

Microlise Group Company Profile

Microlise Group Plc is a leading provider of transport and fleet technology to transport and logistic 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 over 2,500 clients, and a global workforce of 730 across the Group’s headquarters in Nottingham in the UK, and offices in France, Australia, and India.

Microlise is listed on the AIM market of the London Stock Exchange (AIM: SAAS) and qualifies for the London Stock Exchange’s Green Economy Mark.