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

Netcall plc (LON:NET - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 117.80 ($1.50) and last traded at GBX 117.80 ($1.50), with a volume of 69153 shares changing hands. The stock had previously closed at GBX 113 ($1.44).

Wall Street Analysts Forecast Growth

Several analysts have recently commented on NET shares. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 130 ($1.65) price target on shares of Netcall in a research report on Tuesday, December 17th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 130 ($1.65) price target on shares of Netcall in a report on Tuesday, December 17th.

Netcall Price Performance

The company's fifty day moving average price is GBX 109.45 and its 200 day moving average price is GBX 99.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.88 and a current ratio of 1.22. The firm has a market capitalization of £190.09 million, a price-to-earnings ratio of 32.39 and a beta of 0.23.

Insiders Place Their Bets

In other news, insider Michael Jackson sold 180,000 shares of the business's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.40), for a total transaction of £198,000 ($251,620.28). Also, insider James Ormondroyd acquired 95,279 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were bought at an average cost of GBX 105 ($1.33) per share, for a total transaction of £100,042.95 ($127,135.53). 11.47% of the stock is owned by insiders.

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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.