Netcall's (NET) "Buy" Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Netcall (LON:NET - Free Report) in a research note issued to investors on Tuesday, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 130 ($1.63) price target on the stock.

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 130 ($1.63) target price on shares of Netcall in a research report on Tuesday.

Netcall Stock Performance

Netcall stock traded up GBX 0.50 ($0.01) during mid-day trading on Tuesday, reaching GBX 101.50 ($1.28). 85,228 shares of the company traded hands, compared to its average volume of 226,260. The firm's fifty day moving average is GBX 96.15 and its two-hundred day moving average is GBX 92.41. The company has a market capitalization of £167.38 million, a price-to-earnings ratio of 3,383.33 and a beta of 0.23. Netcall has a fifty-two week low of GBX 81 ($1.02) and a fifty-two week high of GBX 106 ($1.33). The company has a debt-to-equity ratio of 1.39, a current ratio of 1.24 and a quick ratio of 0.88.

Netcall Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Investors of record on Tuesday, December 24th will be given a GBX 0.89 ($0.01) dividend. The ex-dividend date is Tuesday, December 24th. This represents a yield of 1.04%. This is a positive change from Netcall's previous dividend of $0.83. Netcall's dividend payout ratio is currently 3,333.33%.

Insiders Place Their Bets

In related news, insider Henrik Bang sold 160,000 shares of Netcall stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.13), for a total transaction of £144,000 ($181,040.99). Also, insider Michael Jackson sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.03), for a total value of £82,000 ($103,092.78). 11.47% of the stock is currently owned by insiders.

About Netcall

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.