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 of Directors has authorized a stock buyback plan on Wednesday, February 28th 2018, which allows the company to repurchase 500,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

NetSol Technologies Inc. (NASDAQ:NTWK) announced its earnings results on Wednesday, February, 12th. The software maker reported $0.05 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.02) by $0.07. The software maker had revenue of $15.69 million for the quarter, compared to analyst estimates of $14.10 million. NetSol Technologies had a return on equity of 7.76% and a net margin of 5.53%. 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 negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. 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 news sentiment score of -2.4 on InfoTrie's scale. They also gave news stories 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 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 trading volume of 37,200 shares, the short-interest ratio is currently 1.4 days. Currently, 0.5% of the company's stock are short sold. 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), Audioeye (AEYE), CLPS (CLPS), ImageWare Systems (IWSY), Gridsum (GSUM) 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 number 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 $4.06.

NetSol Technologies has a market capitalization of $47.71 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]