Canaccord Genuity Group Reiterates Buy Rating for Netcall (LON:NET)

Netcall (LON:NET)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a research report issued on Tuesday, MarketBeat Ratings reports. They presently have a GBX 130 ($1.63) price target on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 28.08% from the stock’s current price.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.63) price objective on shares of Netcall in a research report on Tuesday.

Netcall Stock Up 0.5 %

Shares of LON:NET opened at GBX 101.50 ($1.28) on Tuesday. The firm has a market cap of £167.38 million, a P/E ratio of 3,383.33 and a beta of 0.23. Netcall has a 12-month low of GBX 81 ($1.02) and a 12-month high of GBX 106 ($1.33). The business has a fifty day simple moving average of GBX 96.47 and a 200 day simple moving average of GBX 92.52. The company has a quick ratio of 0.88, a current ratio of 1.24 and a debt-to-equity ratio of 1.39.

Insider Transactions at Netcall

In related news, insider Henrik Bang sold 160,000 shares of the stock in a transaction on Friday, October 11th. The shares were sold at an average price of GBX 90 ($1.13), for a total transaction of £144,000 ($181,040.99). Also, insider Michael Jackson sold 100,000 shares of Netcall stock in a transaction on Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.03), for a total transaction of £82,000 ($103,092.78). Corporate insiders own 11.47% of the company’s stock.

About Netcall

Netcall plc engages in the design, development, sale, and support of software products and services in the United Kingdom and internationally. It offers Liberty Create, a low-code development platform for producing applications that automate and transform the business and customer experience; Liberty RPA, an AI-powered robotic process automation; Liberty AI, a machine learning solution that predicts outcomes and improves business decision making; and Liberty Converse, an omnichannel contact center and customer engagement management solution.