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

Canaccord Genuity Group restated their buy rating on shares of Netcall (LON:NET) in a research report sent to investors on Tuesday, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 130 ($1.62) target price on the stock.

Netcall Stock Performance

LON NET opened at GBX 102.20 ($1.28) on Tuesday. The firm has a market capitalization of £168.54 million, a P/E ratio of 3,406.67 and a beta of 0.23. The stock has a 50-day simple moving average of GBX 96.81 and a two-hundred day simple moving average of GBX 92.64. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.88 and a current ratio of 1.24. Netcall has a fifty-two week low of GBX 81 ($1.01) and a fifty-two week high of GBX 106 ($1.32).

Netcall Increases Dividend

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

Insider Activity at Netcall

In other Netcall news, insider Henrik Bang sold 160,000 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.12), for a total transaction of £144,000 ($179,977.50). Also, insider Michael Jackson sold 100,000 shares of Netcall stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of GBX 82 ($1.02), for a total value of £82,000 ($102,487.19). 11.47% of the stock is owned by company 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.