StockNews.com assumed coverage on shares of NetSol Technologies (NASDAQ:NTWK – Free Report) in a report published on Wednesday. The firm issued a buy rating on the software maker’s stock.
NetSol Technologies Stock Performance
Shares of NTWK stock opened at $2.67 on Wednesday. The company has a market capitalization of $30.45 million, a price-to-earnings ratio of -7.03 and a beta of 1.10. The stock’s 50 day simple moving average is $2.71 and its 200 day simple moving average is $2.69. NetSol Technologies has a twelve month low of $1.72 and a twelve month high of $3.10.
NetSol Technologies (NASDAQ:NTWK – Get Free Report) last issued its quarterly earnings data on Monday, May 20th. The software maker reported $0.03 earnings per share for the quarter. NetSol Technologies had a negative net margin of 7.33% and a negative return on equity of 11.38%. The business had revenue of $15.47 million during the quarter.
Hedge Funds Weigh In On NetSol Technologies
NetSol Technologies Company Profile
NetSol Technologies, Inc designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.
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