Microlise Group (LON:SAAS) Research Coverage Started at Canaccord Genuity Group

Canaccord Genuity Group started coverage on shares of Microlise Group (LON:SAASFree Report) in a report released on Thursday morning, Marketbeat.com reports. The firm issued a buy rating and a GBX 199 ($2.58) price objective on the stock.

Microlise Group Trading Down 0.4 %

Shares of Microlise Group stock opened at GBX 112 ($1.45) on Thursday. The stock has a market cap of £129.69 million, a PE ratio of 95.85 and a beta of 0.19. Microlise Group has a 1 year low of GBX 88 ($1.14) and a 1 year high of GBX 178 ($2.30). The company has a debt-to-equity ratio of 2.38, a current ratio of 1.25 and a quick ratio of 1.08. The firm has a fifty day moving average price of GBX 109.01 and a 200 day moving average price of GBX 110.03.

Microlise Group (LON:SAASGet Free Report) last released its earnings results on Thursday, March 27th. The company reported GBX 4.19 ($0.05) earnings per share for the quarter. Microlise Group had a net margin of 2.14% and a return on equity of 1.87%. Equities research analysts predict that Microlise Group will post 5.5260831 earnings per share for the current year.

Microlise Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, June 5th will be issued a dividend of GBX 1.24 ($0.02) per share. The ex-dividend date of this dividend is Thursday, June 5th. This is an increase from Microlise Group’s previous dividend of $0.57. This represents a yield of 1.19%. Microlise Group’s dividend payout ratio is 171.17%.

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

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