Netcall (LON:NET) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Netcall (LON:NET) in a research report report published on Friday, MarketBeat reports. Canaccord Genuity Group currently has a GBX 130 ($1.68) price objective on the stock.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 130 ($1.68) target price on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Stock Performance

LON NET opened at GBX 114.50 ($1.48) on Friday. The firm has a market cap of £189.26 million, a price-to-earnings ratio of 32.24 and a beta of 0.23. The company has a 50 day moving average of GBX 110.80 and a 200-day moving average of GBX 100.79. The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19. Netcall has a 1-year low of GBX 81 ($1.05) and a 1-year high of GBX 117.80 ($1.52).

Netcall (LON:NET) last released its quarterly earnings results on Wednesday, March 5th. The company reported GBX 2.22 ($0.03) earnings per share for the quarter. Netcall had a return on equity of 14.95% and a net margin of 14.99%. On average, equities analysts forecast that Netcall will post 3.7029017 earnings per share for the current fiscal year.

Insider Activity at Netcall

In other Netcall news, insider Michael Jackson sold 180,000 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of GBX 110 ($1.42), for a total value of £198,000 ($256,111.76). Also, insider Henrik Bang sold 1,717,000 shares of the stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of GBX 111 ($1.44), for a total value of £1,905,870 ($2,465,230.89). 11.47% of the stock is currently owned by corporate insiders.

Netcall Company Profile

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.