Netcall (LON:NET) Hits New 52-Week High – Here’s What Happened

Shares of Netcall plc (LON:NET) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 115 ($1.43) and last traded at GBX 113 ($1.40), with a volume of 963540 shares trading hands. The stock had previously closed at GBX 109 ($1.35).

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 130 ($1.61) price target on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 130 ($1.61) target price on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Stock Performance

The stock has a market capitalization of £188.00 million, a price-to-earnings ratio of 3,800.00 and a beta of 0.23. The company has a current ratio of 1.24, a quick ratio of 0.88 and a debt-to-equity ratio of 1.39. The stock’s 50 day moving average is GBX 105.11 and its two-hundred day moving average is GBX 96.99.

Insiders Place Their Bets

In other Netcall news, insider Henrik Bang sold 1,717,000 shares of the business’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.38), for a total transaction of £1,905,870 ($2,364,309.64). Also, insider James Ormondroyd purchased 95,279 shares of the business’s stock in a transaction on Friday, January 24th. The shares were acquired at an average cost of GBX 105 ($1.30) per share, for a total transaction of £100,042.95 ($124,107.37). Insiders own 11.47% of the company’s stock.

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.