Netcall (LON:NET) Hits New 52-Week High – Here’s What Happened

Netcall plc (LON:NET)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 119 ($1.54) and last traded at GBX 115.10 ($1.49), with a volume of 802655 shares. The stock had previously closed at GBX 117 ($1.51).

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NET. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 130 ($1.68) price target on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.68) target price on shares of Netcall in a report on Friday, March 14th.

Netcall Trading Down 1.6 %

The company has a fifty day simple moving average of GBX 111.59 and a 200-day simple moving average of GBX 101.93. The stock has a market cap of £190.25 million, a price-to-earnings ratio of 32.41 and a beta of 0.23. The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19.

Netcall (LON:NET) last issued its quarterly earnings results on Wednesday, March 5th. The company reported GBX 2.22 ($0.03) EPS for the quarter. Netcall had a net margin of 14.99% and a return on equity of 14.95%. On average, research analysts forecast that Netcall plc will post 3.7029017 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Henrik Bang sold 1,717,000 shares of the business’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.43), for a total transaction of £1,905,870 ($2,462,682.52). Also, insider Michael Jackson sold 180,000 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of GBX 110 ($1.42), for a total value of £198,000 ($255,847.01). Over the last quarter, insiders have sold 2,197,000 shares of company stock worth $245,187,000. 11.47% of the stock is owned by corporate insiders.

Netcall Company Profile

Netcall is a leading provider of Intelligent Automation and Customer Engagement software enabling customers to digitally transform their businesses faster and more efficiently, empowering them to become leaner, more customer-centric organisations.

Netcall achieves this through its industry-leading Liberty Platform which provides a tightly integrated suite of low-code, customer engagement and contact centre solutions, helping organisations to manage and improve customer experience, effortlessly.

The Group’s customers span enterprise, healthcare and government sectors including two-thirds of the NHS Acute Health Trusts and leading corporates such as Legal and General, Lloyds Banking Group, Aon and Santander.