Microlise Group (LON:SAAS - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Canaccord Genuity Group in a report issued on Thursday, MarketBeat.com reports. They presently have a GBX 199 ($2.64) price target on the stock. Canaccord Genuity Group's price objective would suggest a potential upside of 46.32% from the stock's current price.
Microlise Group Stock Down 0.5%
Shares of SAAS stock traded down GBX 0.65 ($0.01) on Thursday, hitting GBX 136 ($1.81). The stock had a trading volume of 4,693,435 shares, compared to its average volume of 130,584. The firm has a market capitalization of £157.48 million, a price-to-earnings ratio of 116.40 and a beta of 0.19. The stock's 50 day moving average is GBX 114.97 and its 200-day moving average is GBX 109.34. 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 has a 52-week low of GBX 88 ($1.17) and a 52-week high of GBX 145 ($1.93).
Insider Buying and Selling
In related news, insider Nick Wightman acquired 18,827 shares of Microlise Group stock in a transaction on Monday, June 30th. The shares were purchased at an average cost of GBX 106 ($1.41) per share, for a total transaction of £19,956.62 ($26,523.95). 59.96% of the stock is owned by company insiders.
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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