NetSol Technologies Inc. (NTWK) Scheduled to Post Earnings on Wednesday
NetSol Technologies Inc. (NASDAQ:NTWK) is scheduled to post its quarterly earnings results on Wednesday, September 27th.
NetSol Technologies Inc. (NASDAQ NTWK) opened at 4.10 on Friday. The company has a 50 day moving average price of $4.35 and a 200 day moving average price of $4.48. NetSol Technologies Inc. has a 52-week low of $3.80 and a 52-week high of $6.65. The firm has a market capitalization of $45.50 million, a P/E ratio of 186.36 and a beta of 0.72.
NetSol Technologies announced that its Board of Directors has authorized a share repurchase plan on Tuesday, July 18th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the software maker to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.
Separately, ValuEngine cut shares of NetSol Technologies from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd.
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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