Netcall (LON:NET) Reaches New 1-Year High – Time to Buy?

Netcall plc (LON:NET) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 107 ($1.34) and last traded at GBX 105.50 ($1.32), with a volume of 164423 shares trading hands. The stock had previously closed at GBX 101.50 ($1.27).

Analyst Upgrades and Downgrades

NET has been the topic of a number of recent analyst reports. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.63) price objective on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.63) price target on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Price Performance

The company has a debt-to-equity ratio of 1.39, a current ratio of 1.24 and a quick ratio of 0.88. The business’s 50-day moving average price is GBX 97.57 and its two-hundred day moving average price is GBX 92.99. The firm has a market cap of £173.98 million, a price-to-earnings ratio of 3,516.67 and a beta of 0.23.

Netcall Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 7th. Shareholders of record on Tuesday, December 24th will be issued a dividend of GBX 0.89 ($0.01) per share. This is a positive change from Netcall’s previous dividend of $0.83. This represents a yield of 1.04%. The ex-dividend date is Tuesday, December 24th. Netcall’s dividend payout ratio (DPR) is currently 3,333.33%.

Insider Activity

In other Netcall news, 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 ($1.13), for a total transaction of £144,000 ($180,609.56). Also, insider Michael Jackson sold 100,000 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of GBX 82 ($1.03), for a total transaction of £82,000 ($102,847.11). Company insiders own 11.47% of the company’s stock.

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.