Netcall (LON:NET) Shares Cross Above 200-Day Moving Average Following Insider Selling

Netcall plc (LON:NET)’s share price crossed above its 200-day moving average during trading on Tuesday following insider buying activity. The stock has a 200-day moving average of GBX 111.11 ($1.47) and traded as high as GBX 119.24 ($1.58). Netcall shares last traded at GBX 118 ($1.56), with a volume of 141,960 shares traded.

Wall Street Analyst Weigh In

NET has been the subject of several analyst reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.72) price target on shares of Netcall in a research note on Tuesday, July 22nd. Berenberg Bank restated a “buy” rating and set a GBX 155 ($2.06) price objective on shares of Netcall in a research report on Tuesday, July 22nd.

Netcall Price Performance

The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19. The stock has a fifty day simple moving average of GBX 113.68 and a two-hundred day simple moving average of GBX 111.18. The company has a market cap of £200.83 million, a PE ratio of 34.22 and a beta of 0.23.

Netcall Company Profile

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.