Netcall (LON:NET) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Netcall plc (LON:NET) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 115.50 and traded as low as GBX 115. Netcall shares last traded at GBX 115, with a volume of 23,070 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 165 target price on shares of Netcall in a report on Tuesday, June 23rd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Netcall has a consensus rating of “Buy” and an average target price of GBX 162.50.

Netcall Trading Down 1.4%

The company has a market cap of £196.19 million, a price-to-earnings ratio of 80.99 and a beta of 0.12. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.88 and a current ratio of 0.55. The firm has a fifty day moving average price of GBX 121.76 and a 200 day moving average price of GBX 115.50.

Insider Transactions at Netcall

In other Netcall news, insider Michael Jackson sold 150,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of GBX 125, for a total transaction of £187,500. Company insiders own 6.39% of the company’s stock.

Netcall Company Profile

Netcall is a UK-based enterprise software company that unites automation and customer engagement in one AI-powered platform. Its Liberty platform makes work easier by digitising processes and simplifying customer interactions in a single, easy-to-use solution that reduces complexity. Today, around 600 organisations across healthcare, government and financial services rely on Netcall for mission‑critical workflows, including two‑thirds of NHS Acute Health Trusts and major enterprises such as Legal & General, Baloise and Santander.