Netcall (LON:NET) Sets New 12-Month High – Time to Buy?

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 ($1.44) and last traded at GBX 113 ($1.41), with a volume of 963540 shares traded. The stock had previously closed at GBX 109 ($1.36).

Wall Street Analyst Weigh In

NET has been the subject of several recent analyst reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 130 ($1.62) 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 ($1.62) price objective on shares of Netcall in a research report on Tuesday, December 17th.

Netcall Trading Up 3.7 %

The company has a market cap of £186.35 million, a P/E ratio of 3,766.67 and a beta of 0.23. The business has a fifty day simple moving average of GBX 104.57 and a 200 day simple moving average of GBX 96.72. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.88 and a current ratio of 1.24.

Insider Activity

In other Netcall news, insider Henrik Bang sold 1,717,000 shares of Netcall stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of GBX 111 ($1.39), for a total transaction of £1,905,870 ($2,378,769.35). Also, insider Michael Jackson sold 180,000 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.37), for a total value of £198,000 ($247,129.31). 11.47% of the stock is currently owned by company 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.