Netcall (LON:NET) Hits New 1-Year High – What’s Next?

Netcall plc (LON:NET) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 115 ($1.42) and last traded at GBX 111.90 ($1.38), with a volume of 463627 shares traded. The stock had previously closed at GBX 107.65 ($1.33).

Wall Street Analyst Weigh In

Several brokerages recently commented on NET. Canaccord Genuity Group reissued a “buy” rating and set a GBX 130 ($1.61) price objective on shares of Netcall in a research report on Tuesday, December 17th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.61) target price on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Trading Down 0.5 %

The firm has a market cap of £182.23 million, a P/E ratio of 3,683.33 and a beta of 0.23. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.88 and a current ratio of 1.24. The stock has a fifty day simple moving average of GBX 101.57 and a 200 day simple moving average of GBX 94.52.

Insider Buying and Selling

In related news, insider Michael Jackson sold 180,000 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.36), for a total value of £198,000 ($244,746.60). Also, insider Henrik Bang sold 160,000 shares of the business’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of GBX 90 ($1.11), for a total transaction of £144,000 ($177,997.53). In the last ninety days, insiders sold 440,000 shares of company stock worth $42,400,000. 11.47% of the stock is owned by corporate insiders.

Netcall Company Profile

Netcall plc engages in the design, development, sale, and support of software products and services in the United Kingdom and internationally. It offers Liberty Create, a low-code development platform for producing applications that automate and transform the business and customer experience; Liberty RPA, an AI-powered robotic process automation; Liberty AI, a machine learning solution that predicts outcomes and improves business decision making; and Liberty Converse, an omnichannel contact center and customer engagement management solution.