Netcall (LON:NET) Sets New 52-Week High – Time to Buy?

Netcall plc (LON:NET)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 119 ($1.53) and last traded at GBX 115.10 ($1.48), with a volume of 802655 shares trading hands. The stock had previously closed at GBX 117 ($1.51).

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on NET shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 130 ($1.67) price objective on shares of Netcall in a research note on Tuesday, December 17th. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.67) target price on shares of Netcall in a report on Friday, March 14th.

Netcall Trading Down 1.4 %

The company has a market capitalization of £189.05 million, a P/E ratio of 32.21 and a beta of 0.23. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.22 and a quick ratio of 0.88. The business’s 50-day moving average price is GBX 111.99 and its two-hundred day moving average price is GBX 102.29.

Netcall (LON:NET) last posted its 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%. As a group, analysts forecast that Netcall plc will post 3.7029017 EPS for the current fiscal year.

Insider Activity at Netcall

In other news, insider Henrik Bang sold 1,717,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.43), for a total transaction of £1,905,870 ($2,453,804.56). Also, insider James Ormondroyd acquired 95,279 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was purchased at an average cost of GBX 105 ($1.35) per share, with a total value of £100,042.95 ($128,805.14). In the last three months, insiders sold 2,197,000 shares of company stock worth $245,187,000. 11.47% of the stock is owned by company 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.