Netcall (LON:NET) Stock Price Crosses Above 200-Day Moving Average - What's Next?

Key Points

• Netcall shares crossed above the 200-day moving average, indicating a positive market sentiment as the stock traded at GBX 114.23 ($1.55) with a high of GBX 117 ($1.59).
• Analysts maintain a consensus "Buy" rating for Netcall, with price targets ranging from GBX 130 to GBX 155, reflecting confidence in the company's growth potential.
• Insider Michael Jackson sold 246,000 shares at an average price of GBX 120, suggesting notable insider activity amid stock performance trends.

Netcall plc (LON:NET - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 113.17 ($1.54) and traded as high as GBX 117 ($1.59). Netcall shares last traded at GBX 114.23 ($1.55), with a volume of 53,602 shares traded.

Analyst Upgrades and Downgrades

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

Netcall Trading Down 0.7%

The business's 50-day moving average price is GBX 117.84 and its 200 day moving average price is GBX 113.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.22 and a quick ratio of 0.88. The firm has a market capitalization of £190.49 million, a price-to-earnings ratio of 3,757.40 and a beta of 0.23.

Insider Transactions at Netcall

In related news, insider Michael Jackson sold 246,000 shares of the company's stock in a transaction on Monday, July 28th. The shares were sold at an average price of GBX 120, for a total value of £295,200. 6.57% of the stock is owned by corporate insiders.

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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