Netcall (LON:NET) Share Price Passes Above 50-Day Moving Average – Here’s Why

Netcall plc (LON:NET)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 108.21 and traded as high as GBX 112. Netcall shares last traded at GBX 108, with a volume of 355,459 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have weighed in on NET shares. Canaccord Genuity Group restated a “buy” rating and set a GBX 160 target price on shares of Netcall in a research note on Wednesday, March 4th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 165 target price on shares of Netcall in a research report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 162.50.

Netcall Price Performance

The business has a 50 day simple moving average of GBX 108.21 and a 200-day simple moving average of GBX 114.19. The firm has a market cap of £184.12 million, a price-to-earnings ratio of 76.06 and a beta of 0.01. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.88 and a current ratio of 0.55.

Netcall (LON:NET) last announced its earnings results on Wednesday, March 4th. The company reported GBX 2.43 earnings per share (EPS) for the quarter. Netcall had a net margin of 4.67% and a return on equity of 5.23%. Equities research analysts expect that Netcall plc will post 3.7029017 earnings per share for the current year.

Insider Activity at Netcall

In other news, insider Nigel Halkes acquired 5,000 shares of the stock in a transaction dated Tuesday, March 17th. The stock was purchased at an average cost of GBX 97 per share, with a total value of £4,850. Company insiders own 6.57% of the company’s stock.

Netcall Company Profile

Netcall is a UK-based enterprise software company that unites automation and customer engagement in one AI-powered platform. Its Liberty platform makes work easier by digitising processes and simplifying customer interactions in a single, easy-to-use solution that reduces complexity. Today, around 600 organisations across healthcare, government and financial services rely on Netcall for mission‑critical workflows, including two‑thirds of NHS Acute Health Trusts and major enterprises such as Legal & General, Baloise and Santander.