Netcall (LON:NET) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Netcall plc (LON:NET) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 102.79 ($1.35) and traded as high as GBX 107 ($1.40). Netcall shares last traded at GBX 107 ($1.40), with a volume of 129,385 shares.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.70) price target on shares of Netcall in a research report on Tuesday, December 17th. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.70) target price on shares of Netcall in a research report on Friday, March 14th.

Netcall Stock Down 2.5 %

The stock has a market cap of £166.04 million, a price-to-earnings ratio of 28.29 and a beta of 0.23. The business’s 50 day moving average is GBX 112.59 and its 200-day moving average is GBX 102.99. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.88 and a current ratio of 1.22.

Netcall (LON:NET) last released its earnings results on Wednesday, March 5th. The company reported GBX 2.22 ($0.03) EPS for the quarter. Netcall had a net margin of 14.99% and a return on equity of 14.95%. On average, sell-side analysts predict that Netcall plc will post 3.7029017 EPS for the current fiscal year.

Insider Buying and Selling at Netcall

In related news, insider James Ormondroyd purchased 95,279 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average price of GBX 105 ($1.38) per share, with a total value of £100,042.95 ($131,083.53). Also, insider Michael Jackson sold 300,000 shares of Netcall stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of GBX 116 ($1.52), for a total value of £348,000 ($455,974.84). Insiders sold 2,197,000 shares of company stock valued at $245,187,000 over the last quarter. 11.47% of the stock is currently owned by insiders.

About Netcall

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.