Canaccord Genuity Group Reiterates “Buy” Rating for Netcall (LON:NET)

Netcall (LON:NET)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a research note issued on Tuesday, Marketbeat Ratings reports. They presently have a GBX 130 ($1.63) price target on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 28.08% from the company’s previous close.

Netcall Stock Performance

Shares of LON NET opened at GBX 101.50 ($1.28) on Tuesday. The stock has a market capitalization of £167.38 million, a PE ratio of 3,383.33 and a beta of 0.23. Netcall has a 52 week low of GBX 81 ($1.02) and a 52 week high of GBX 106 ($1.33). The stock has a 50 day moving average price of GBX 96.47 and a 200 day moving average price of GBX 92.52. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.88 and a current ratio of 1.24.

Insider Activity

In related news, insider Henrik Bang sold 160,000 shares of Netcall stock in a transaction dated Friday, October 11th. The shares were sold at an average price of GBX 90 ($1.13), for a total transaction of £144,000 ($181,040.99). Also, insider Michael Jackson sold 100,000 shares of the company’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.03), for a total transaction of £82,000 ($103,092.78). 11.47% of the stock is owned by 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.