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

Netcall (LON:NET)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. They currently have a GBX 130 ($1.68) price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 13.54% from the stock’s current price.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 130 ($1.68) price objective on shares of Netcall in a report on Tuesday, December 17th.

Netcall Price Performance

LON:NET opened at GBX 114.50 ($1.48) on Friday. The company has a 50-day moving average of GBX 110.80 and a 200-day moving average of GBX 100.79. The company has a market capitalization of £189.26 million, a price-to-earnings ratio of 32.24 and a beta of 0.23. Netcall has a 52 week low of GBX 81 ($1.05) and a 52 week high of GBX 117.80 ($1.52). The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.88 and a current ratio of 1.22.

Netcall (LON:NET) last posted its quarterly earnings data on Wednesday, March 5th. The company reported GBX 2.22 ($0.03) earnings per share for the quarter. Netcall had a net margin of 14.99% and a return on equity of 14.95%. As a group, equities research analysts anticipate that Netcall will post 3.7029017 earnings per share for the current fiscal year.

Insider Transactions at Netcall

In other news, insider Henrik Bang sold 1,717,000 shares of Netcall stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of GBX 111 ($1.44), for a total value of £1,905,870 ($2,465,230.89). Also, insider James Ormondroyd purchased 95,279 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were acquired at an average price of GBX 105 ($1.36) per share, with a total value of £100,042.95 ($129,404.93). Company 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.