Netcall (LON:NET) Hits New 52-Week High – Here’s What Happened

Netcall plc (LON:NET)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 115 ($1.43) and last traded at GBX 113 ($1.40), with a volume of 963540 shares changing hands. The stock had previously closed at GBX 109 ($1.35).

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on NET shares. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.61) target price on shares of Netcall in a research note on Tuesday, December 17th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.61) target price on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Price Performance

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 firm’s 50-day moving average is GBX 105.11 and its two-hundred day moving average is GBX 96.99. The stock has a market cap of £188.00 million, a P/E ratio of 3,800.00 and a beta of 0.23.

Insider Buying and Selling

In other Netcall news, insider Henrik Bang sold 1,717,000 shares of Netcall stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.38), for a total transaction of £1,905,870 ($2,364,309.64). Also, insider James Ormondroyd bought 95,279 shares of the stock in a transaction on Friday, January 24th. The shares were acquired at an average cost of GBX 105 ($1.30) per share, with a total value of £100,042.95 ($124,107.37). 11.47% of the stock is currently owned by corporate insiders.

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.