Netcall (LON:NET) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Netcall plc (LON:NET) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 115.23 and traded as low as GBX 115. Netcall shares last traded at GBX 115.89, with a volume of 149,333 shares traded.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 165 price target on shares of Netcall in a research report on Tuesday, June 23rd. Canaccord Genuity Group restated a “buy” rating and set a GBX 160 price objective on shares of Netcall in a research report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 162.50.

Netcall Stock Down 0.5%

The firm has a 50 day simple moving average of GBX 121.61 and a two-hundred day simple moving average of GBX 115.29. The company has a current ratio of 0.55, a quick ratio of 0.88 and a debt-to-equity ratio of 2.06. The company has a market capitalization of £197.70 million, a PE ratio of 81.61 and a beta of 0.10.

Insider Activity

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

About Netcall

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.