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

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

Analyst Upgrades and Downgrades

NET has been the subject of several research analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 130 ($1.67) target price on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.67) price objective on shares of Netcall in a report on Friday, March 14th.

Netcall Stock Performance

The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19. The stock has a market cap of £189.05 million, a P/E ratio of 32.21 and a beta of 0.23. The stock has a 50 day simple moving average of GBX 111.99 and a 200 day simple moving average of GBX 102.29.

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

Insider Transactions at Netcall

In related news, insider Michael Jackson sold 300,000 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of GBX 116 ($1.49), for a total transaction of £348,000 ($448,049.44). Also, insider James Ormondroyd bought 95,279 shares of the company’s stock in a transaction on Friday, January 24th. The stock was purchased at an average price of GBX 105 ($1.35) per share, with a total value of £100,042.95 ($128,805.14). Over the last 90 days, insiders sold 2,197,000 shares of company stock valued at $245,187,000. 11.47% of the stock is currently owned by insiders.

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.