Netcall (LON:NET) Share Price Crosses Above 200-Day Moving Average - What's Next?

Netcall plc (LON:NET - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 97.40 ($1.23) and traded as high as GBX 113.12 ($1.42). Netcall shares last traded at GBX 113 ($1.42), with a volume of 205,258 shares changing hands.

Analysts Set New Price Targets

Several brokerages recently weighed in on NET. Canaccord Genuity Group reissued a "buy" rating and set a GBX 130 ($1.64) price target on shares of Netcall in a research report on Tuesday, December 17th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 130 ($1.64) target price on shares of Netcall in a research report on Tuesday, December 17th.

Netcall Stock Performance

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 cap of £185.13 million, a P/E ratio of 31.54 and a beta of 0.23. The business's 50-day simple moving average is GBX 106.71 and its 200 day simple moving average is GBX 97.82.

Insiders Place Their Bets

In other news, insider Henrik Bang sold 1,717,000 shares of Netcall stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.40), for a total transaction of £1,905,870 ($2,397,622.34). Also, insider James Ormondroyd purchased 95,279 shares of the company's stock in a transaction dated Friday, January 24th. The shares were acquired at an average price of GBX 105 ($1.32) per share, for a total transaction of £100,042.95 ($125,856.02). 11.47% of the stock is currently owned by insiders.

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.