StockNews.com assumed coverage on shares of NetSol Technologies (NASDAQ:NTWK – Free Report) in a report released on Saturday morning. The brokerage issued a buy rating on the software maker’s stock.
NetSol Technologies Price Performance
NTWK opened at $2.89 on Friday. NetSol Technologies has a 12 month low of $1.72 and a 12 month high of $3.10. The stock has a market capitalization of $32.96 million, a price-to-earnings ratio of -7.61 and a beta of 1.10. The business has a fifty day moving average price of $2.61 and a 200 day moving average price of $2.60.
NetSol Technologies (NASDAQ:NTWK – Get Free Report) last released its earnings results on Monday, May 20th. The software maker reported $0.03 EPS for the quarter. The firm had revenue of $15.47 million during the quarter. NetSol Technologies had a negative return on equity of 11.38% and a negative net margin of 7.33%.
Institutional Inflows and Outflows
About NetSol Technologies
NetSol Technologies, Inc designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.
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