Netcall (LON:NET) Hits New 1-Year High – Still a Buy?

Netcall plc (LON:NET) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 107 ($1.34) and last traded at GBX 105.50 ($1.32), with a volume of 164423 shares. The stock had previously closed at GBX 101.50 ($1.27).

Analyst Upgrades and Downgrades

NET has been the subject of several analyst reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 130 ($1.63) 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 ($1.63) price objective on shares of Netcall in a research report on Tuesday, December 17th.

Netcall Price Performance

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 firm has a 50 day moving average of GBX 97.28 and a 200-day moving average of GBX 92.86. The company has a market cap of £173.98 million, a P/E ratio of 3,516.67 and a beta of 0.23.

Netcall Increases Dividend

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

Insider Buying and Selling at Netcall

In other news, insider Henrik Bang sold 160,000 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.13), for a total transaction of £144,000 ($180,518.99). Also, insider Michael Jackson sold 100,000 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.03), for a total value of £82,000 ($102,795.54). 11.47% of the stock is currently owned by insiders.

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.