Netcall (LON:NET) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Shares of Netcall plc (LON:NET) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 97.40 ($1.21) and traded as high as GBX 113.12 ($1.41). Netcall shares last traded at GBX 113 ($1.41), with a volume of 205,258 shares traded.

Wall Street Analyst Weigh In

Several equities analysts have commented on NET shares. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.62) price objective on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.62) price target on shares of Netcall in a research note 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 company has a 50 day moving average of GBX 105.95 and a 200-day moving average of GBX 97.40. The firm has a market capitalization of £186.35 million, a P/E ratio of 3,766.67 and a beta of 0.23.

Insider Transactions at Netcall

In other Netcall news, insider James Ormondroyd purchased 95,279 shares of the company’s stock in a transaction dated Friday, January 24th. The stock was bought at an average cost of GBX 105 ($1.31) per share, for a total transaction of £100,042.95 ($124,524.46). Also, insider Henrik Bang sold 1,717,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.38), for a total value of £1,905,870 ($2,372,255.41). 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.