Netcall (LON:NET) Hits New 1-Year High – Here’s What Happened

Netcall plc (LON:NET)’s share price hit a new 52-week high on Thursday . The company traded as high as GBX 117.80 ($1.49) and last traded at GBX 117.80 ($1.49), with a volume of 69153 shares changing hands. The stock had previously closed at GBX 113 ($1.43).

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NET shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 130 ($1.65) target price on shares of Netcall in a research note on Tuesday, December 17th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 130 ($1.65) price objective on shares of Netcall in a report on Tuesday, December 17th.

Netcall Stock Up 4.2 %

The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.88 and a current ratio of 1.22. The firm has a market capitalization of £194.72 million, a price-to-earnings ratio of 33.17 and a beta of 0.23. The business’s 50-day moving average is GBX 108.59 and its two-hundred day moving average is GBX 98.91.

Insiders Place Their Bets

In related news, insider Henrik Bang sold 1,717,000 shares of the company’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.41), for a total value of £1,905,870 ($2,417,083.07). Also, insider James Ormondroyd purchased 95,279 shares of the company’s stock in a transaction on Friday, January 24th. The stock was purchased at an average cost of GBX 105 ($1.33) per share, for a total transaction of £100,042.95 ($126,877.55). Corporate insiders own 11.47% of the company’s stock.

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.