Netcall (LON:NET) Reaches New 1-Year High – Here’s What Happened

Netcall plc (LON:NET)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 111 ($1.40) and last traded at GBX 109 ($1.37), with a volume of 137156 shares traded. The stock had previously closed at GBX 108.55 ($1.37).

Analysts Set New Price Targets

NET has been the subject of a number of recent analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 130 ($1.64) 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 ($1.64) price objective on shares of Netcall in a report on Tuesday, December 17th.

Netcall Stock Up 0.4 %

The company has a market cap of £179.75 million, a price-to-earnings ratio of 3,633.33 and a beta of 0.23. The firm has a 50-day moving average price of GBX 98.45 and a 200 day moving average price of GBX 93.39. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.24 and a quick ratio of 0.88.

Netcall Increases Dividend

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

Insider Transactions at Netcall

In other Netcall news, insider Michael Jackson sold 100,000 shares of the firm’s 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 ($103,157.63). Also, insider Henrik Bang sold 160,000 shares of the 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 ($181,154.86). 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.