NetSol Technologies (NASDAQ:NTWK) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of NetSol Technologies (NASDAQ:NTWKGet Rating) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating on the software maker’s stock.

Separately, TheStreet lowered shares of NetSol Technologies from a “c” rating to a “d+” rating in a research note on Wednesday, September 28th.

NetSol Technologies Price Performance

NTWK stock opened at $3.07 on Monday. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 0.01. NetSol Technologies has a 12 month low of $2.74 and a 12 month high of $4.84. The firm has a market cap of $37.48 million, a P/E ratio of -21.93 and a beta of 0.74. The company’s 50-day moving average price is $3.19 and its two-hundred day moving average price is $3.26.

NetSol Technologies (NASDAQ:NTWKGet Rating) last posted its quarterly earnings results on Tuesday, September 27th. The software maker reported ($0.19) earnings per share for the quarter. NetSol Technologies had a negative net margin of 2.94% and a negative return on equity of 3.06%. The company had revenue of $13.54 million during the quarter.

NetSol Technologies Company Profile

(Get Rating)

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.

Read More

Receive News & Ratings for NetSol Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NetSol Technologies and related companies with MarketBeat.com's FREE daily email newsletter.