Netcall (LON:NET) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Netcall plc shares have crossed above their 200-day moving average, trading at GBX 121 ($1.63) with a recent high of GBX 123 ($1.66).
• Equities analysts have given the stock a consensus rating of "Buy" with a price target averaging GBX 138.33, following positive ratings from firms like Berenberg Bank and Canaccord Genuity Group.
• Insider trading activity includes a significant sale by Michael Jackson, who sold 420,000 shares at GBX 119, totaling nearly £500,000.

Netcall plc (LON:NET - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 112.98 ($1.53) and traded as high as GBX 123 ($1.66). Netcall shares last traded at GBX 121 ($1.63), with a volume of 74,190 shares.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NET shares. Berenberg Bank restated a "buy" rating and issued a GBX 155 price objective on shares of Netcall in a report on Tuesday, July 22nd. Canaccord Genuity Group restated a "buy" rating and issued a GBX 130 price objective on shares of Netcall in a report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Netcall has an average rating of "Buy" and a consensus price target of GBX 138.33.

Netcall Trading Down 1.4%

The stock's fifty day simple moving average is GBX 117.99 and its two-hundred day simple moving average is GBX 112.98. The firm has a market cap of £195.63 million, a PE ratio of 33.33 and a beta of 0.23. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 1.19.

Insider Activity

In other news, insider Michael Jackson sold 420,000 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of GBX 119, for a total value of £499,800. Corporate insiders own 11.47% 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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