Somewhat Positive Press Coverage Somewhat Unlikely to Impact NetSol Technologies (NTWK) Share Price

News stories about NetSol Technologies (NASDAQ:NTWK) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NetSol Technologies earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 45.3444446320145 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

NetSol Technologies (NTWK) traded up $0.05 on Tuesday, hitting $4.45. The stock had a trading volume of 6,100 shares, compared to its average volume of 29,904. NetSol Technologies has a 1-year low of $3.09 and a 1-year high of $5.65.

NetSol Technologies (NASDAQ:NTWK) last released its quarterly earnings data on Wednesday, September 27th. The software maker reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.26). The firm had revenue of $14.48 million for the quarter. NetSol Technologies had a negative net margin of 6.01% and a negative return on equity of 4.82%.

A number of analysts have recently issued reports on the company. ValuEngine upgraded NetSol Technologies from a “sell” rating to a “hold” rating in a research report on Friday. TheStreet cut NetSol Technologies from a “c-” rating to a “d” rating in a research report on Thursday, September 28th.

In related news, CEO Najeeb Ghauri purchased 7,000 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were acquired at an average price of $3.75 per share, with a total value of $26,250.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link. In the last ninety days, insiders purchased 32,450 shares of company stock worth $125,009. 11.05% of the stock is owned by insiders.

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NetSol Technologies Company Profile

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.

Insider Buying and Selling by Quarter for NetSol Technologies (NASDAQ:NTWK)

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