Netcall (LON:NET) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Netcall (LON:NET) in a research note issued to investors on Friday morning, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 130 ($1.68) price objective on the stock.

Separately, Canaccord Genuity Group reissued 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 114.50 ($1.48) on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.22 and a quick ratio of 0.88. The business has a fifty day simple moving average of GBX 110.80 and a two-hundred day simple moving average of GBX 100.87. Netcall has a 1 year low of GBX 81 ($1.05) and a 1 year high of GBX 117.80 ($1.52). The company has a market capitalization of £189.26 million, a P/E ratio of 32.24 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) EPS for the quarter. Netcall had a return on equity of 14.95% and a net margin of 14.99%. On average, analysts expect that Netcall will post 3.7029017 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Henrik Bang sold 1,717,000 shares of Netcall stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of GBX 111 ($1.43), for a total value of £1,905,870 ($2,463,637.54). Also, insider Michael Jackson sold 180,000 shares of Netcall stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of GBX 110 ($1.42), for a total value of £198,000 ($255,946.23). Corporate 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.