Microlise Group (LON:SAAS) Posts Earnings Results

Microlise Group (LON:SAAS) issued its 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 Down 0.4 %

Shares of LON SAAS opened at GBX 112 ($1.45) on Friday. The company has a current ratio of 1.25, a quick ratio of 1.08 and a debt-to-equity ratio of 2.38. The company has a 50-day moving average of GBX 109.01 and a 200 day moving average of GBX 110.13. Microlise Group has a 12-month low of GBX 88 ($1.14) and a 12-month high of GBX 178 ($2.30). The stock has a market cap of £129.69 million, a PE ratio of 95.85 and a beta of 0.19.

Microlise Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, June 5th will be given a GBX 1.24 ($0.02) dividend. This represents a dividend yield of 1.19%. This is a boost 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%.

Analyst Upgrades and Downgrades

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 ($2.58) price target on the stock.

About Microlise Group

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