NASDAQ:NTWK - NetSol Technologies Stock Price, Forecast & News

NetSol Technologies trades on the NASDAQ under the ticker symbol "NTWK."

NetSol Technologies announced that its board has approved a stock buyback plan on Wednesday, February 28th 2018, which allows the company to buyback 500,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

NetSol Technologies Inc. (NASDAQ:NTWK) released its quarterly earnings data on Tuesday, November, 12th. The software maker reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.15 by $0.31. The software maker had revenue of $13.57 million for the quarter, compared to analysts' expectations of $15.20 million. NetSol Technologies had a net margin of 8.91% and a return on equity of 11.19%. View NetSol Technologies' Earnings History.

NetSol Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for NetSol Technologies.

News articles about NTWK stock have trended somewhat positive on Friday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NetSol Technologies earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for NetSol Technologies.

NetSol Technologies saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 40,500 shares, a decrease of 8.2% from the October 31st total of 44,100 shares. Based on an average daily volume of 21,600 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.4% of the shares of the stock are sold short. View NetSol Technologies' Current Options Chain.

Some companies that are related to NetSol Technologies include Smith Micro Software (SMSI), Inspired Entertainment (INSE), MAM Software Group (MAMS), SharpSpring (SHSP), Gridsum (GSUM), Great Elm Capital Group (GEC), Cyren (CYRN), Aware (AWRE), Medical Transcription Billing (MTBC), Mobivity (MFON), Where Food Comes From (WFCF), Astea International (ATEA), Audioeye (AEYE), CLPS (CLPS) and Qumu (QUMU).

Based on aggregate information from My MarketBeat watchlists, some companies that other NetSol Technologies investors own include Rigel Pharmaceuticals (RIGL), Novavax (NVAX), Global X MSCI Pakistan ETF (PAK), Amarin (AMRN), ArQule (ARQL), Athersys (ATHX), Carrizo Oil & Gas (CRZO), Cytokinetics (CYTK), Enphase Energy (ENPH) and Extreme Networks (EXTR).

NetSol Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Moab Capital Partners LLC (7.48%), California Public Employees Retirement System (1.42%) and Man Group plc (0.29%). Company insiders that own NetSol Technologies stock include Malea Farsai, Mark Caton, Naeem Ghauri, Najeeb Ghauri and Roger Kent Almond. View Institutional Ownership Trends for NetSol Technologies.

NTWK stock was sold by a variety of institutional investors in the last quarter, including Man Group plc and Moab Capital Partners LLC. View Insider Buying and Selling for NetSol Technologies.

NTWK stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System. Company insiders that have bought NetSol Technologies stock in the last two years include Malea Farsai, Mark Caton, Naeem Ghauri and Najeeb Ghauri. View Insider Buying and Selling for NetSol Technologies.

Shares of NTWK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of NTWK stock can currently be purchased for approximately $3.78.

NetSol Technologies has a market capitalization of $44.34 million and generates $67.82 million in revenue each year. The software maker earns $8.58 million in net income (profit) each year or $0.74 on an earnings per share basis. NetSol Technologies employs 1,360 workers across the globe.View Additional Information About NetSol Technologies.

The official website for NetSol Technologies is http://www.netsoltech.com/.

NetSol Technologies' mailing address is 23975 PARK SORRENTO SUITE 250, CALABASAS CA, 91302. The software maker can be reached via phone at 818-222-9195 or via email at [email protected]