Netcall (LON:NET) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Netcall plc (LON:NET) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 165 price objective on shares of Netcall in a report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 162.50.

Netcall Trading Up 0.1%

The firm’s fifty day moving average price is GBX 121.59 and its 200-day moving average price is GBX 115.57. The company has a market cap of £198.97 million, a price-to-earnings ratio of 82.13 and a beta of 0.12. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.55 and a quick ratio of 0.88.

Insiders Place Their Bets

In other Netcall 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 corporate 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.