Canaccord Genuity Group Reaffirms “Buy” Rating for Netcall (LON:NET)

Netcall (LON:NET)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity Group in a report issued on Friday,Digital Look reports. They presently have a GBX 130 ($1.68) price objective on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 12.55% from the stock’s current price.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.68) price objective on shares of Netcall in a research note on Tuesday, December 17th.

Netcall Stock Performance

LON NET opened at GBX 115.50 ($1.50) on Friday. The company has a fifty day simple moving average of GBX 110.66 and a 200 day simple moving average of GBX 100.70. Netcall has a 12-month low of GBX 81 ($1.05) and a 12-month high of GBX 117.80 ($1.53). The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19. The company has a market cap of £190.92 million, a P/E ratio of 32.53 and a beta of 0.23.

Netcall (LON:NET) last posted its quarterly earnings results on Wednesday, March 5th. The company reported GBX 2.22 ($0.03) earnings per share (EPS) for the quarter. Netcall had a net margin of 14.99% and a return on equity of 14.95%. Sell-side analysts predict that Netcall will post 3.7029017 earnings per share for the current fiscal year.

Insider Buying and Selling at Netcall

In other news, insider Henrik Bang sold 1,717,000 shares of Netcall stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of GBX 111 ($1.44), for a total transaction of £1,905,870 ($2,468,743.52). Also, insider James Ormondroyd bought 95,279 shares of the stock in a transaction dated Friday, January 24th. The shares were acquired at an average price of GBX 105 ($1.36) per share, for a total transaction of £100,042.95 ($129,589.31). Company insiders own 11.47% of the company’s stock.

About Netcall

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.