Netcall (LON:NET) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Netcall plc (LON:NET) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 98.34 ($1.24) and traded as high as GBX 115 ($1.45). Netcall shares last traded at GBX 112.86 ($1.43), with a volume of 537,562 shares traded.

Wall Street Analysts Forecast Growth

NET has been the subject of several recent research reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.64) target price on shares of Netcall in a report on Tuesday, December 17th. Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.64) target price on shares of Netcall in a report on Tuesday, December 17th.

Netcall Trading Up 0.3 %

The stock has a market cap of £186.55 million, a price-to-earnings ratio of 31.78 and a beta of 0.23. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 1.19. The business’s 50 day simple moving average is GBX 107.90 and its 200 day simple moving average is GBX 98.44.

Insider Buying and Selling at Netcall

In other news, insider Michael Jackson sold 180,000 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.39), for a total transaction of £198,000 ($250,157.93). Also, insider Henrik Bang sold 1,717,000 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of GBX 111 ($1.40), for a total transaction of £1,905,870 ($2,407,921.67). Corporate insiders own 11.47% of the company’s stock.

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.