Netcall (LON:NET) Sets New 1-Year High – Still a Buy?

Shares of Netcall plc (LON:NET) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 117.80 ($1.48) and last traded at GBX 117.80 ($1.48), with a volume of 69153 shares traded. The stock had previously closed at GBX 113 ($1.42).

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Canaccord Genuity Group restated a “buy” rating and issued a GBX 130 ($1.64) target price on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.64) price target on shares of Netcall in a research report on Tuesday, December 17th.

Netcall Stock Down 0.5 %

The stock has a market capitalization of £191.54 million, a P/E ratio of 32.63 and a beta of 0.23. The company’s 50-day moving average price is GBX 109.19 and its 200 day moving average price is GBX 99.20. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.88 and a current ratio of 1.22.

Insider Activity

In other news, insider James Ormondroyd acquired 95,279 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were purchased at an average cost of GBX 105 ($1.32) per share, for a total transaction of £100,042.95 ($125,824.36). Also, insider Michael Jackson sold 180,000 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.38), for a total transaction of £198,000 ($249,025.28). Insiders own 11.47% of the company’s stock.

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.