Berenberg Bank Reiterates Buy Rating for Microlise Group (LON:SAAS)

Microlise Group (LON:SAAS)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report released on Wednesday, MarketBeat Ratings reports. They presently have a GBX 210 ($2.81) price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 68.00% from the stock’s current price.

Microlise Group Stock Performance

SAAS opened at GBX 125 ($1.67) on Wednesday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.08 and a current ratio of 1.24. The business’s 50-day simple moving average is GBX 131.89 and its 200 day simple moving average is GBX 140.96. The firm has a market capitalization of £144.94 million, a PE ratio of 12,500.00 and a beta of 0.19. Microlise Group has a 52-week low of GBX 88.04 ($1.18) and a 52-week high of GBX 178 ($2.38).

Microlise Group Company Profile

Microlise Group plc provides transport management technology solutions. The company offers SaaS platform that digitizes the business processes of enterprise organizations running logistics operations. Its hardware and software technology solutions capture and analyze real-time transport and logistics data events to allow fleet operators to enhance across a range of key performance indicators, including operating efficiency, greenhouse gas emissions, and safety standards.