NetSol Technologies, Inc. (NASDAQ:NTWK) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its position in shares of NetSol Technologies, Inc. (NASDAQ:NTWK) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,386 shares of the software maker’s stock after purchasing an additional 5,882 shares during the period. Geode Capital Management LLC owned 0.73% of NetSol Technologies worth $238,000 at the end of the most recent quarter.

NetSol Technologies Trading Down 1.9 %

NASDAQ NTWK opened at $2.60 on Tuesday. The stock has a market capitalization of $29.84 million, a P/E ratio of 37.14 and a beta of 1.06. NetSol Technologies, Inc. has a 52-week low of $1.99 and a 52-week high of $3.34. The firm has a 50-day moving average price of $2.72 and a 200 day moving average price of $2.79. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.01.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of NetSol Technologies in a research report on Monday. They issued a “buy” rating for the company.

About NetSol Technologies

NetSol Technologies, Inc designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.