Netcall (LON:NET) Given Buy Rating at Canaccord Genuity Group

Netcall (LON:NET)‘s stock had its “buy” rating reiterated by equities researchers at Canaccord Genuity Group in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 130 ($1.65) target price on the stock. Canaccord Genuity Group’s price target points to a potential upside of 28.08% from the stock’s current price.

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 130 ($1.65) price objective on shares of Netcall in a research report on Tuesday.

Netcall Stock Performance

Shares of LON NET traded up GBX 0.50 ($0.01) during midday trading on Tuesday, hitting GBX 101.50 ($1.29). 85,228 shares of the company’s stock traded hands, compared to its average volume of 226,260. The firm has a fifty day moving average of GBX 96.15 and a 200 day moving average of GBX 92.41. Netcall has a 1 year low of GBX 81 ($1.03) and a 1 year high of GBX 106 ($1.35). The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.88 and a current ratio of 1.24. The stock has a market capitalization of £167.38 million, a price-to-earnings ratio of 3,383.33 and a beta of 0.23.

Insiders Place Their Bets

In other Netcall news, insider Michael Jackson sold 100,000 shares of the company’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.04), for a total value of £82,000 ($104,246.12). Also, insider Henrik Bang sold 160,000 shares of the stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.14), for a total value of £144,000 ($183,066.36). 11.47% of the stock is currently owned by insiders.

Netcall Company Profile

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.