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

Netcall (LON:NET)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 130 ($1.63) price objective on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 28.08% from the stock’s previous close.

Netcall Price Performance

Netcall stock opened at GBX 101.50 ($1.28) on Tuesday. The firm has a market capitalization of £167.38 million, a P/E ratio of 3,383.33 and a beta of 0.23. The business has a 50-day moving average of GBX 96.47 and a 200-day moving average of GBX 92.52. 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 has a 1 year low of GBX 81 ($1.02) and a 1 year high of GBX 106 ($1.33).

Insider Transactions at Netcall

In other news, insider Henrik Bang sold 160,000 shares of the firm’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of GBX 90 ($1.13), for a total transaction of £144,000 ($181,040.99). Also, insider Michael Jackson sold 100,000 shares of Netcall stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of GBX 82 ($1.03), for a total value of £82,000 ($103,092.78). Insiders own 11.47% of the company’s stock.

Netcall Company Profile

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.