Netcall (LON:NET) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Netcall plc (LON:NET) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 90.13 ($1.17) and traded as high as GBX 98 ($1.28). Netcall shares last traded at GBX 97 ($1.26), with a volume of 289,359 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 130 ($1.69) price objective on shares of Netcall in a research report on Monday, September 16th.

Netcall Stock Performance

The business’s fifty day simple moving average is GBX 90.65 and its 200-day simple moving average is GBX 90.13. The firm has a market cap of £160.62 million, a P/E ratio of 3,233.33 and a beta of 0.23. The company has a current ratio of 1.24, a quick ratio of 0.88 and a debt-to-equity ratio of 1.39.

Netcall Increases Dividend

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

Insider Transactions at Netcall

In related news, insider Michael Jackson sold 100,000 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.07), for a total transaction of £82,000 ($106,743.04). In other news, insider Henrik Bang sold 160,000 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of GBX 90 ($1.17), for a total transaction of £144,000 ($187,451.18). Also, insider Michael Jackson sold 100,000 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.07), for a total transaction of £82,000 ($106,743.04). Insiders own 11.47% of the company’s stock.

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.