Microlise Group’s (SAAS) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Microlise Group (LON:SAAS) in a research note released on Wednesday, MarketBeat reports. Berenberg Bank currently has a GBX 210 ($2.81) price objective on the stock.

Microlise Group Price Performance

SAAS opened at GBX 117.50 ($1.57) on Wednesday. The stock’s 50 day simple moving average is GBX 131.56 and its 200 day simple moving average is GBX 140.85. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.24 and a quick ratio of 1.08. Microlise Group has a 1 year low of GBX 88.04 ($1.18) and a 1 year high of GBX 178 ($2.38). The firm has a market cap of £136.24 million, a price-to-earnings ratio of 11,900.00 and a beta of 0.19.

Microlise Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, October 10th will be given a GBX 0.57 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 0.43%. Microlise Group’s dividend payout ratio is currently 20,000.00%.

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.