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

Netcall plc (LON:NET)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 101 ($1.30) and last traded at GBX 102 ($1.31), with a volume of 269089 shares. The stock had previously closed at GBX 96.50 ($1.24).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.67) target price on shares of Netcall in a report on Monday, September 16th.

Netcall Price Performance

The business has a fifty day moving average of GBX 91.28 and a 200 day moving average of GBX 90.39. The firm has a market cap of £166.56 million, a P/E ratio of 3,433.33 and a beta of 0.23. The company has a quick ratio of 0.88, a current ratio of 1.24 and a debt-to-equity ratio of 1.39.

Netcall Increases Dividend

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

Insider Buying and Selling at Netcall

In related 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 ($1.06), for a total value of £82,000 ($105,520.53). Also, insider Henrik Bang sold 160,000 shares of the stock in a transaction dated Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.16), for a total transaction of £144,000 ($185,304.34). Insiders own 11.47% of the company’s stock.

About Netcall

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.