Microlise Group plc (LON:SAAS - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 58 and last traded at GBX 59, with a volume of 141683 shares trading hands. The stock had previously closed at GBX 60.
Wall Street Analyst Weigh In
Several brokerages have recently commented on SAAS. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 191 price target on shares of Microlise Group in a research note on Monday, February 2nd. Berenberg Bank reduced their price objective on shares of Microlise Group from GBX 210 to GBX 145 and set a "buy" rating on the stock in a report on Wednesday, November 26th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 168.
Read Our Latest Stock Report on Microlise Group
Microlise Group Price Performance
The company has a current ratio of 1.03, a quick ratio of 1.08 and a debt-to-equity ratio of 2.95. The company's fifty day moving average is GBX 81.07 and its two-hundred day moving average is GBX 103.99. The stock has a market cap of £68.41 million, a price-to-earnings ratio of -86.38 and a beta of 0.09.
About Microlise Group
(
Get Free Report)
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
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Microlise Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microlise Group wasn't on the list.
While Microlise Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.