Netcall (LON:NET) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Shares of Netcall plc (LON:NET - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 90.64 ($1.15) and traded as high as GBX 101 ($1.28). Netcall shares last traded at GBX 101 ($1.28), with a volume of 45,364 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 130 ($1.64) price objective on shares of Netcall in a research note on Monday, September 16th.

Netcall Stock Down 1.5 %

The company has a 50-day moving average of GBX 92.05 and a 200-day moving average of GBX 90.73. The company has a market capitalization of £164.09 million, a price-to-earnings ratio of 3,366.67 and a beta of 0.23. The company has a current ratio of 1.24, a quick ratio of 0.88 and a debt-to-equity ratio of 1.39.

Netcall Increases Dividend

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

Insider Activity

In other news, insider Michael Jackson sold 100,000 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of GBX 82 ($1.04), for a total value of £82,000 ($103,758.07). Also, insider Henrik Bang sold 160,000 shares of the stock in a transaction dated Friday, October 11th. The shares were sold at an average price of GBX 90 ($1.14), for a total value of £144,000 ($182,209.29). Corporate insiders own 11.47% of the company's stock.

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.