Microlise Group (LON:SAAS) Shares Down 2.2% – Should You Sell?

Microlise Group plc (LON:SAAS)’s stock price fell 2.2% on Friday . The company traded as low as GBX 91 and last traded at GBX 91. 9,420 shares were traded during trading, a decline of 94% from the average session volume of 164,815 shares. The stock had previously closed at GBX 93.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SAAS. Canaccord Genuity Group decreased their price target on shares of Microlise Group from GBX 199 to GBX 191 and set a “buy” rating for the company in a report on Monday, November 24th. Berenberg Bank decreased their target price on Microlise Group from GBX 210 to GBX 145 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Microlise Group currently has an average rating of “Buy” and a consensus price target of GBX 168.

Microlise Group Price Performance

The firm has a market capitalization of £105.51 million, a P/E ratio of -133.24 and a beta of 0.19. The business has a fifty day moving average of GBX 111.75 and a 200-day moving average of GBX 120.76. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.08 and a current ratio of 1.25.

Microlise Group (LON:SAAS) last announced its earnings results on Thursday, September 25th. The company reported GBX 2.62 earnings per share for the quarter. Microlise Group had a return on equity of 1.87% and a net margin of 2.14%. On average, sell-side analysts forecast that Microlise Group plc will post 5.5260831 EPS 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