Berenberg Bank Reaffirms “Buy” Rating for Microlise Group (LON:SAAS)

Microlise Group (LON:SAAS)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research note issued on Wednesday, Marketbeat.com reports. They currently have a GBX 210 ($2.81) target price on the stock. Berenberg Bank’s price target would suggest a potential upside of 68.00% from the company’s previous close.

Microlise Group Stock Performance

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

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.