NetSol Technologies (NASDAQ:NTWK) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of NetSol Technologies (NASDAQ:NTWKGet Rating) in a research note published on Monday morning. The firm issued a buy rating on the software maker’s stock.

Separately, TheStreet downgraded NetSol Technologies from a c rating to a d+ rating in a report on Wednesday, September 28th.

NetSol Technologies Price Performance

NTWK stock opened at $3.11 on Monday. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $37.97 million, a PE ratio of -22.21 and a beta of 0.74. NetSol Technologies has a 12-month low of $2.74 and a 12-month high of $4.43. The business’s fifty day moving average price is $3.14 and its 200 day moving average price is $3.25.

NetSol Technologies (NASDAQ:NTWKGet Rating) last issued its quarterly earnings results on Tuesday, September 27th. The software maker reported ($0.19) earnings per share for the quarter. NetSol Technologies had a negative return on equity of 3.06% and a negative net margin of 2.94%. The company had revenue of $13.54 million for the quarter.

About NetSol Technologies

(Get Rating)

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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