NetSol Technologies (NTWK) Set to Announce Quarterly Earnings on Wednesday

NetSol Technologies (NASDAQ:NTWK) is set to announce its earnings results before the market opens on Wednesday, November 13th.

NetSol Technologies (NASDAQ:NTWK) last released its quarterly earnings results on Monday, September 30th. The software maker reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $16.45 million during the quarter. NetSol Technologies had a return on equity of 1.77% and a net margin of 1.11%.

NetSol Technologies Stock Performance

NetSol Technologies stock opened at $2.91 on Thursday. NetSol Technologies has a fifty-two week low of $1.91 and a fifty-two week high of $3.34. The stock has a market cap of $33.26 million, a price-to-earnings ratio of 48.51 and a beta of 1.07. The stock’s 50 day simple moving average is $2.92 and its two-hundred day simple moving average is $2.75. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.99 and a current ratio of 1.99.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on NetSol Technologies in a research note on Saturday, November 2nd. They issued a “buy” rating on the stock.

NetSol Technologies Company Profile

NetSol Technologies, Inc designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.