Netcall (LON:NET) Shares Cross Above 200-Day Moving Average – Here’s Why

Netcall plc (LON:NET)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 116.05 and traded as high as GBX 118.90. Netcall shares last traded at GBX 117.56, with a volume of 491,572 shares traded.

Analyst Upgrades and Downgrades

NET has been the topic of several research reports. Canaccord Genuity Group reissued a “buy” rating and set a GBX 160 price objective on shares of Netcall in a research note on Tuesday, July 21st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 165 target price on shares of Netcall in a research note on Tuesday, July 21st. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Netcall has an average rating of “Buy” and an average price target of GBX 162.50.

Netcall Stock Down 0.3%

The company has a debt-to-equity ratio of 2.06, a current ratio of 0.55 and a quick ratio of 0.88. The stock has a 50 day simple moving average of GBX 118.84 and a 200-day simple moving average of GBX 116.05. The firm has a market cap of £200.71 million, a PE ratio of 82.85 and a beta of 0.12.

Insider Buying and Selling at Netcall

In other news, insider Michael Jackson sold 150,000 shares of Netcall stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of GBX 125, for a total value of £187,500. 6.39% of the stock is owned by insiders.

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.