Netcall (LON:NET) Sets New 52-Week High – Here’s Why

Netcall plc (LON:NET)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 101 ($1.30) and last traded at GBX 102 ($1.31), with a volume of 269089 shares traded. The stock had previously closed at GBX 96.50 ($1.24).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 130 ($1.67) price objective on shares of Netcall in a research note on Monday, September 16th.

Netcall Trading Up 4.7 %

The business’s 50 day simple moving average is GBX 90.79 and its 200 day simple moving average is GBX 90.21. The company has a quick ratio of 0.88, a current ratio of 1.24 and a debt-to-equity ratio of 1.39. The stock has a market cap of £166.56 million, a price-to-earnings ratio of 3,258.67 and a beta of 0.23.

Netcall Increases Dividend

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

Insider Buying and Selling

In other Netcall news, 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 ($1.06), for a total transaction of £82,000 ($105,520.53). In related news, insider Henrik Bang sold 160,000 shares of Netcall stock in a transaction on Friday, October 11th. The shares were sold at an average price of GBX 90 ($1.16), for a total value of £144,000 ($185,304.34). 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 ($1.06), for a total transaction of £82,000 ($105,520.53). 11.47% of the stock is owned by corporate insiders.

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.