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

Shares of Netcall plc (LON:NET) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 117.80 ($1.49) and last traded at GBX 117.80 ($1.49), with a volume of 69153 shares. The stock had previously closed at GBX 113 ($1.43).

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 130 ($1.65) price objective on shares of Netcall in a research note on Tuesday, December 17th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 130 ($1.65) price objective on shares of Netcall in a research report on Tuesday, December 17th.

Netcall Stock Up 4.2 %

The firm has a market cap of £194.72 million, a price-to-earnings ratio of 33.17 and a beta of 0.23. 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 has a fifty day moving average price of GBX 108.59 and a 200-day moving average price of GBX 98.91.

Insider Activity

In other Netcall news, insider Michael Jackson sold 180,000 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of GBX 110 ($1.40), for a total transaction of £198,000 ($251,109.70). Also, insider Henrik Bang sold 1,717,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.41), for a total transaction of £1,905,870 ($2,417,083.07). Corporate insiders own 11.47% of the company’s stock.

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.