NetSol Technologies (NASDAQ:NTWK) Announces Earnings Results

NetSol Technologies (NASDAQ:NTWK) released its quarterly earnings data on Thursday. The software maker reported ($0.10) EPS for the quarter, Zacks reports. NetSol Technologies had a return on equity of 1.84% and a net margin of 1.17%.

NetSol Technologies Stock Performance

Shares of NetSol Technologies stock traded down $0.09 on Thursday, reaching $2.61. The stock had a trading volume of 18,815 shares, compared to its average volume of 22,652. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.08 and a current ratio of 2.08. The business’s 50-day moving average price is $2.67 and its two-hundred day moving average price is $2.77. The stock has a market cap of $29.89 million, a P/E ratio of 37.21 and a beta of 1.07. NetSol Technologies has a fifty-two week low of $2.28 and a fifty-two week high of $3.34.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of NetSol Technologies in a research report on Thursday, February 6th. They set a “buy” rating on the stock.

About NetSol Technologies

NetSol Technologies, Inc designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.