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

Canaccord Genuity Group restated their buy rating on shares of Netcall (LON:NET) in a report issued on Tuesday morning, MarketBeat reports. They currently have a GBX 130 ($1.62) price objective on the stock.

Netcall Stock Performance

LON NET opened at GBX 102.20 ($1.28) on Tuesday. The stock has a fifty day simple moving average of GBX 96.81 and a 200-day simple moving average of GBX 92.64. Netcall has a twelve month low of GBX 81 ($1.01) and a twelve month high of GBX 106 ($1.32). The company has a current ratio of 1.24, a quick ratio of 0.88 and a debt-to-equity ratio of 1.39. The stock has a market cap of £168.54 million, a PE ratio of 3,406.67 and a beta of 0.23.

Netcall Increases Dividend

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

Insider Transactions at Netcall

In other Netcall news, insider Michael Jackson sold 100,000 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.02), for a total transaction of £82,000 ($102,487.19). Also, insider Henrik Bang sold 160,000 shares of the company’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.12), for a total value of £144,000 ($179,977.50). Company 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.