Netcall (LON:NET) Hits New 12-Month High - Here's What Happened

Key Points

• Netcall plc achieved a new **52-week high** at GBX 128 ($1.72) as it traded with a volume of **255,808 shares** on the market.
• Equities analysts have a **consensus "Buy" rating** for Netcall, with target prices set between GBX 130 and GBX 155, indicating expected growth for the stock.
• In a recent insider transaction, **Michael Jackson sold 246,000 shares** of Netcall at an average price of GBX 120, totaling **£295,200**.

Netcall plc (LON:NET - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 128 ($1.72) and last traded at GBX 124 ($1.67), with a volume of 255808 shares changing hands. The stock had previously closed at GBX 123.50 ($1.66).

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Canaccord Genuity Group reissued a "buy" rating and set a GBX 130 target price on shares of Netcall in a research report on Tuesday, July 22nd. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 155 price objective on shares of Netcall in a research report on Tuesday, July 22nd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of GBX 138.33.

Netcall Stock Up 0.4%

The company has a market cap of £206.79 million, a P/E ratio of 4,078.95 and a beta of 0.23. The company has a 50-day simple moving average of GBX 119.02 and a 200 day simple moving average of GBX 113.61. The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19.

Insider Buying and Selling at Netcall

In other Netcall news, insider Michael Jackson sold 246,000 shares of the company's stock in a transaction on Monday, July 28th. The stock was sold at an average price of GBX 120, for a total value of £295,200. Corporate insiders own 6.57% of the company's stock.

Netcall Company Profile

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.

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