Network International Holdings plc (LON:NETW)’s stock price was down 1.7% during trading on Wednesday . The stock traded as low as GBX 563 ($7.41) and last traded at GBX 570 ($7.50), approximately 1,726,574 shares traded hands during mid-day trading. The stock had previously closed at GBX 580 ($7.63).
Several equities analysts recently commented on NETW shares. Liberum Capital reissued a “buy” rating on shares of Network International in a research note on Wednesday, October 30th. Barclays increased their price objective on shares of Network International from GBX 585 ($7.70) to GBX 625 ($8.22) and gave the company an “overweight” rating in a research note on Friday, August 16th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Network International from GBX 560 ($7.37) to GBX 595 ($7.83) and gave the company a “neutral” rating in a research note on Thursday, August 15th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 643 ($8.46).
The firm has a market cap of $2.94 billion and a P/E ratio of 0.33. The company has a debt-to-equity ratio of 204.02, a quick ratio of 0.71 and a current ratio of 0.89. The company’s 50 day moving average is GBX 545.42 and its 200 day moving average is GBX 566.37.
About Network International (LON:NETW)
Network International Holdings plc operates as a digital commerce enabler in the Middle East and Africa region. The company provides technology-enabled payments solutions to merchants and financial institutions. It offers issuer solutions, including card solutions, processing and card management solutions, and issuer solutions value added services; and merchant solutions comprising payment acceptance solutions, direct acquiring and acquirer processing solutions, and a range of value added services.
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