News headlines about NetSol Technologies (NASDAQ:NTWK) have been trending somewhat negative recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NetSol Technologies earned a coverage optimism score of -0.02 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 47.4923606300939 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s analysis:
- NetSol Technologies, Inc. :NTWK-US: Earnings Analysis: Q4, 2017 By the Numbers : October 4, 2017 (finance.yahoo.com)
- Shahid Burki Acquires 4,000 Shares of NetSol Technologies Inc. (NTWK) Stock (americanbankingnews.com)
- NETSOL Technologies Reports Fiscal Fourth Quarter and Full Year 2017 Financial Results (finance.yahoo.com)
- Edited Transcript of NTWK earnings conference call or presentation 27-Sep-17 9:00pm GMT (finance.yahoo.com)
- NetSol Technologies, Inc. :NTWK-US: Earnings Analysis: 2017 By the Numbers : October 2, 2017 (finance.yahoo.com)
Separately, TheStreet downgraded shares of NetSol Technologies from a “c-” rating to a “d” rating in a report on Thursday, September 28th.
Shares of NetSol Technologies (NASDAQ:NTWK) remained flat at $3.65 during trading on Friday. 28,784 shares of the company were exchanged. NetSol Technologies has a one year low of $3.30 and a one year high of $6.65. The stock’s 50-day moving average is $4.10 and its 200-day moving average is $4.36. The firm’s market cap is $40.84 million.
NetSol Technologies (NASDAQ:NTWK) last released its quarterly earnings data on Wednesday, September 27th. The software maker reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.26). NetSol Technologies had a negative return on equity of 6.58% and a negative net margin of 7.95%. The business had revenue of $14.48 million during the quarter. On average, analysts expect that NetSol Technologies will post ($0.19) EPS for the current fiscal year.
NetSol Technologies announced that its board has initiated a stock repurchase program on Tuesday, July 18th that allows the company to repurchase 500,000 shares. This repurchase authorization allows the software maker to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.
About NetSol Technologies
NetSol Technologies, Inc is a provider of information technology (IT) and enterprise software solutions. The Company is engaged in the licensing, customization, enhancement and maintenance of its suite of financial applications under the brand names, NetSol Financial Suite (NFS) and NFS Ascent, for businesses in the lease and finance industry.
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