Microlise Group (LON:SAAS - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, Marketbeat Ratings reports. They presently have a GBX 199 ($2.64) target price on the stock. Canaccord Genuity Group's target price points to a potential upside of 45.63% from the stock's current price.
Microlise Group Stock Performance
Shares of SAAS stock traded down GBX 0.85 ($0.01) during mid-day trading on Thursday, reaching GBX 136.65 ($1.81). The stock had a trading volume of 173,852 shares, compared to its average volume of 99,754. Microlise Group has a 1-year low of GBX 88 ($1.17) and a 1-year high of GBX 145 ($1.92). The firm has a market cap of £158.24 million, a price-to-earnings ratio of 116.95 and a beta of 0.19. 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 business's fifty day moving average is GBX 114.97 and its 200-day moving average is GBX 109.23.
Insider Buying and Selling
In other Microlise Group news, insider Nick Wightman acquired 18,827 shares of the company's stock in a transaction dated Monday, June 30th. The shares were acquired at an average cost of GBX 106 ($1.41) per share, with a total value of £19,956.62 ($26,488.74). Insiders own 59.96% of the company's stock.
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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