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

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

NetSol Technologies declared that its board has initiated a stock repurchase program on Wednesday, February 28th 2018, which authorizes the company to buyback 500,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

NetSol Technologies Inc. (NASDAQ:NTWK) released its quarterly earnings results on Wednesday, February, 12th. The software maker reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.07. The software maker had revenue of $15.69 million for the quarter, compared to analysts' expectations of $14.10 million. NetSol Technologies had a net margin of 5.53% and a return on equity of 7.76%. View NetSol Technologies' Earnings History.

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

Headlines about NTWK stock have been trending positive on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NetSol Technologies earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for NetSol Technologies.

NetSol Technologies saw a increase in short interest in January. As of January 15th, there was short interest totalling 53,500 shares, an increase of 18.1% from the December 31st total of 45,300 shares. Based on an average daily volume of 37,200 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.5% of the shares of the company are sold short. View NetSol Technologies' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other NetSol Technologies investors own include Co-Diagnostics (CODX), Walgreens Boots Alliance (WBA), Athersys (ATHX), Inovio Pharmaceuticals (INO), MEI Pharma (MEIP), Novavax (NVAX), Onconova Therapeutics (ONTX), Rigel Pharmaceuticals (RIGL), Sierra Oncology (SRRA) and Amarin (AMRN).

NetSol Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.61%), Raymond James & Associates (0.97%), Acadian Asset Management LLC (0.58%), LSV Asset Management (0.21%) and RMB Capital Management LLC (0.12%). Company insiders that own NetSol Technologies stock include Malea Farsai, 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 Acadian Asset Management LLC. View Insider Buying and Selling for NetSol Technologies.

NTWK stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, LSV Asset Management, RMB Capital Management LLC and Raymond James & Associates. Company insiders that have bought NetSol Technologies stock in the last two years include Malea Farsai, 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 $4.01.

NetSol Technologies has a market capitalization of $47.13 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]