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

Microlise Group plc (LON:SAAS) shares reached a new 52-week low on Monday . The company traded as low as GBX 78 and last traded at GBX 80, with a volume of 15431 shares changing hands. The stock had previously closed at GBX 80.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Berenberg Bank decreased their price target on Microlise Group from GBX 210 to GBX 145 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Canaccord Genuity Group restated a “buy” rating and set a GBX 191 price target on shares of Microlise Group in a report on Monday, February 2nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 168.

Microlise Group Stock Performance

The company has a current ratio of 1.25, a quick ratio of 1.08 and a debt-to-equity ratio of 2.38. The stock’s 50 day moving average is GBX 90.74 and its 200-day moving average is GBX 112.13. The company has a market cap of £92.76 million, a P/E ratio of -117.13 and a beta of 0.19.

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