Netcall (LON:NET) Stock Passes Above 200-Day Moving Average – Here’s Why

Netcall plc (LON:NET) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 98.34 ($1.24) and traded as high as GBX 115 ($1.45). Netcall shares last traded at GBX 112.86 ($1.43), with a volume of 537,562 shares traded.

Wall Street Analysts Forecast Growth

NET has been the topic of several research analyst reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.64) price objective on shares of Netcall in a research note on Tuesday, December 17th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 130 ($1.64) price target on shares of Netcall in a report on Tuesday, December 17th.

Netcall Price Performance

The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19. The firm has a market cap of £186.55 million, a price-to-earnings ratio of 31.78 and a beta of 0.23. The stock has a 50-day moving average of GBX 107.66 and a two-hundred day moving average of GBX 98.34.

Insider Activity at Netcall

In other Netcall news, insider James Ormondroyd acquired 95,279 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was purchased at an average cost of GBX 105 ($1.33) per share, for a total transaction of £100,042.95 ($126,396.65). Also, insider Henrik Bang sold 1,717,000 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of GBX 111 ($1.40), for a total value of £1,905,870 ($2,407,921.67). 11.47% of the stock is currently owned by corporate 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.