Netcall (LON:NET) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Netcall plc (LON:NET)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 100.53 ($1.30) and traded as high as GBX 116 ($1.50). Netcall shares last traded at GBX 115 ($1.49), with a volume of 129,130 shares traded.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Canaccord Genuity Group restated a “buy” rating and issued a GBX 130 ($1.69) target price on shares of Netcall in a research note on Tuesday, December 17th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 130 ($1.69) target price on shares of Netcall in a research report on Tuesday, December 17th.

Netcall Trading Up 0.4 %

The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 1.19. The firm’s 50 day simple moving average is GBX 110.55 and its two-hundred day simple moving average is GBX 100.53. The stock has a market cap of £190.09 million, a P/E ratio of 32.39 and a beta of 0.23.

Netcall (LON:NET) last released its 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%. As a group, equities research analysts predict that Netcall plc will post 3.7029017 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Netcall news, insider Michael Jackson sold 180,000 shares of Netcall stock in a transaction on Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.43), for a total transaction of £198,000 ($256,776.03). Also, 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 ($1.44), for a total transaction of £1,905,870 ($2,471,624.95). 11.47% of the stock is currently owned by corporate insiders.

About Netcall

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.