NetSol Technologies (NTWK) Scheduled to Post Quarterly Earnings on Thursday

NetSol Technologies (NASDAQ:NTWK) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 9th. Investors that are interested in registering for the company’s conference call can do so using this link.

NetSol Technologies (NASDAQ:NTWK) last posted its earnings results on Tuesday, February 13th. The software maker reported $0.04 earnings per share (EPS) for the quarter. NetSol Technologies had a negative net margin of 3.68% and a negative return on equity of 5.47%. The business had revenue of $15.24 million for the quarter.

NetSol Technologies Stock Up 4.9 %

Shares of NTWK stock opened at $2.58 on Wednesday. The company has a 50 day moving average price of $2.78 and a 200-day moving average price of $2.40. NetSol Technologies has a 52 week low of $1.72 and a 52 week high of $3.05. The firm has a market capitalization of $29.41 million, a PE ratio of -14.33 and a beta of 1.12.

Insider Activity at NetSol Technologies

In other NetSol Technologies news, CFO Roger Kent Almond sold 9,264 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $2.88, for a total value of $26,680.32. Following the transaction, the chief financial officer now directly owns 20,736 shares in the company, valued at $59,719.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.71% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. TheStreet upgraded NetSol Technologies from a “d” rating to a “c-” rating in a research report on Tuesday, February 13th. StockNews.com started coverage on NetSol Technologies in a research note on Thursday, May 2nd. They set a “buy” rating for the company.

About NetSol Technologies

NetSol Technologies, Inc designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.