Microlise Group (LON:SAAS) Releases Quarterly Earnings Results

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

Microlise Group Stock Up 1.6%

Shares of LON SAAS traded up GBX 0.75 during trading hours on Friday, hitting GBX 48.75. 59,919 shares of the stock were exchanged, compared to its average volume of 174,088. The firm has a fifty day moving average price of GBX 45.73 and a 200-day moving average price of GBX 48.86. The company has a market cap of £56.54 million, a PE ratio of -26.07 and a beta of 0.38. The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 6.61. Microlise Group has a 12 month low of GBX 37 and a 12 month high of GBX 145.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 155 price objective on shares of Microlise Group in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 150.

About Microlise Group

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.