Microlise Group (LON:SAAS) Issues Earnings Results

Microlise Group (LON:SAAS) issued its quarterly earnings results on Thursday. The company reported GBX 4.19 ($0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Microlise Group had a net margin of 2.14% and a return on equity of 1.87%.

Microlise Group Stock Up 7.7 %

Microlise Group stock traded up GBX 8 ($0.10) during mid-day trading on Thursday, hitting GBX 112 ($1.44). The company had a trading volume of 362,212 shares, compared to its average volume of 87,743. The company has a quick ratio of 1.08, a current ratio of 1.25 and a debt-to-equity ratio of 2.38. Microlise Group has a 1 year low of GBX 88 ($1.13) and a 1 year high of GBX 178 ($2.29). The business has a fifty day moving average of GBX 108.26 and a 200 day moving average of GBX 110.21. The stock has a market cap of £129.69 million, a price-to-earnings ratio of 95.85 and a beta of 0.19.

Microlise Group Increases Dividend

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

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group started coverage on shares of Microlise Group in a research report on Thursday. They set a “buy” rating and a GBX 199 ($2.56) price objective for the company.

Microlise Group Company Profile

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