Microlise Group (LON:SAAS) Stock Falls 1.6% - Time to Sell?

Key Points

• Microlise Group shares fell 1.6% to GBX 61.50 in mid-day trading, with volume 38% below the average session level.
• Analysts remain positive: Canaccord Genuity reiterated a “Buy” rating with a GBX 155 target, while the consensus target is GBX 150 versus the current share price.
• The company reported quarterly EPS of GBX 1.20 but continues to show a negative net margin of 3.05% and negative return on equity of 3.58%.

Microlise Group plc (LON:SAAS - Get Free Report) dropped 1.6% during mid-day trading on Monday. The stock traded as low as GBX 61 and last traded at GBX 61.50. Approximately 108,450 shares traded hands during trading, a decline of 38% from the average session volume of 173,800 shares. The stock had previously closed at GBX 62.50.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 155 target price on shares of Microlise Group in a report on Tuesday, September 22nd. Two investment 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 150.

Microlise Group Stock Down 1.6%

The firm has a market capitalization of £71.33 million, a price-to-earnings ratio of -29.29 and a beta of 0.39. The business has a 50 day moving average of GBX 55 and a 200 day moving average of GBX 56.85. The company has a debt-to-equity ratio of 6.61, a current ratio of 1.05 and a quick ratio of 1.08.

Microlise Group (LON:SAAS - Get Free Report) last announced its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 1.20 EPS for the quarter. Microlise Group had a negative return on equity of 3.58% and a negative net margin of 3.05%. On average, equities analysts anticipate that Microlise Group plc will post 5.53 EPS for the current year.

Microlise Group Company Profile

Microlise Group Plc is a leading provider of transport and fleet technology to transport and logistic 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 over 2,500 clients, and a global workforce of 730 across the Group's headquarters in Nottingham in the UK, and offices in France, Australia, and India. Microlise is listed on the AIM market of the London Stock Exchange AIM: SAAS and qualifies for the London Stock Exchange's Green Economy Mark.

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