Equities researchers at StockNews.com began coverage on shares of NetSol Technologies (NASDAQ:NTWK – Get Free Report) in a note issued to investors on Friday. The brokerage set a “buy” rating on the software maker’s stock.
NetSol Technologies Stock Up 1.0 %
Shares of NASDAQ NTWK opened at $3.15 on Friday. The business has a 50-day moving average price of $2.84 and a 200 day moving average price of $2.73. The stock has a market cap of $36.00 million, a PE ratio of 52.51 and a beta of 1.07. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.02. NetSol Technologies has a 52-week low of $1.75 and a 52-week high of $3.34.
NetSol Technologies (NASDAQ:NTWK – Get Free Report) last announced its earnings results on Monday, September 30th. The software maker reported ($0.01) earnings per share for the quarter. NetSol Technologies had a return on equity of 1.77% and a net margin of 1.11%. The business had revenue of $16.45 million for the quarter.
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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.
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