Analysts at Canaccord Genuity Group assumed coverage on shares of Microlise Group (LON:SAAS - Get Free Report) in a note issued to investors on Thursday, Marketbeat reports. The firm set a "buy" rating and a GBX 199 ($2.57) price target on the stock. Canaccord Genuity Group's price objective points to a potential upside of 83.41% from the company's previous close.
Microlise Group Stock Performance
SAAS traded down GBX 3.50 ($0.05) during midday trading on Thursday, reaching GBX 108.50 ($1.40). The company had a trading volume of 67,991 shares, compared to its average volume of 96,622. The business has a 50-day moving average of GBX 109.01 and a two-hundred day moving average of GBX 109.90. The company has a quick ratio of 1.08, a current ratio of 1.25 and a debt-to-equity ratio of 2.38. Microlise Group has a 1 year low of GBX 88 ($1.14) and a 1 year high of GBX 178 ($2.30). The company has a market cap of £125.64 million, a P/E ratio of 92.86 and a beta of 0.19.
Microlise Group (LON:SAAS - Get Free Report) last released its earnings results on Thursday, March 27th. The company reported GBX 4.19 ($0.05) earnings per share (EPS) for the quarter. Microlise Group had a net margin of 2.14% and a return on equity of 1.87%. As a group, equities research analysts predict that Microlise Group will post 5.5260831 earnings per share for the current fiscal year.
Microlise Group Company Profile
(
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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
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