Netcall (LON:NET) Sets New 12-Month High - Still a Buy?

Shares of Netcall plc (LON:NET - Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 111 ($1.39) and last traded at GBX 109 ($1.37), with a volume of 137156 shares traded. The stock had previously closed at GBX 108.55 ($1.36).

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on NET shares. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 130 ($1.63) price target on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 130 ($1.63) target price on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Trading Up 0.4 %

The company has a current ratio of 1.24, a quick ratio of 0.88 and a debt-to-equity ratio of 1.39. The company has a market cap of £179.75 million, a PE ratio of 3,633.33 and a beta of 0.23. The stock has a 50 day moving average price of GBX 98.81 and a 200 day moving average price of GBX 93.54.

Netcall Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 7th. Shareholders of record on Tuesday, December 24th will be issued a GBX 0.89 ($0.01) dividend. This is an increase from Netcall's previous dividend of $0.83. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a yield of 1.04%. Netcall's dividend payout ratio is 3,333.33%.

Insider Activity

In other news, insider Michael Jackson sold 100,000 shares of the firm's stock in a transaction on Thursday, October 24th. The stock was sold at an average price of GBX 82 ($1.03), for a total transaction of £82,000 ($102,885.82). Also, insider Henrik Bang sold 160,000 shares of Netcall stock in a transaction dated Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.13), for a total value of £144,000 ($180,677.54). Company insiders own 11.47% of the company's stock.

Netcall Company Profile

Netcall plc engages in the design, development, sale, and support of software products and services in the United Kingdom and internationally. It offers Liberty Create, a low-code development platform for producing applications that automate and transform the business and customer experience; Liberty RPA, an AI-powered robotic process automation; Liberty AI, a machine learning solution that predicts outcomes and improves business decision making; and Liberty Converse, an omnichannel contact center and customer engagement management solution.