StockNews.com initiated coverage on shares of NetSol Technologies (NASDAQ:NTWK – Free Report) in a report published on Thursday. The brokerage issued a buy rating on the software maker’s stock.
NetSol Technologies Price Performance
Shares of NTWK opened at $3.11 on Thursday. The company has a market capitalization of $35.47 million, a P/E ratio of -8.18 and a beta of 1.07. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $2.81 and a 200 day moving average of $2.72. NetSol Technologies has a twelve month low of $1.75 and a twelve month high of $3.34.
NetSol Technologies (NASDAQ:NTWK – Get Free Report) last announced its quarterly earnings results on Monday, September 30th. The software maker reported ($0.01) earnings per share for the quarter. The firm had revenue of $16.45 million for the quarter. NetSol Technologies had a net margin of 1.11% and a return on equity of 1.77%.
Institutional Investors 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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