NetSol Technologies (NASDAQ:NTWK) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of NetSol Technologies (NASDAQ:NTWK) in a research report sent to investors on Wednesday. The brokerage issued a buy rating on the software maker’s stock.

Separately, TheStreet raised shares of NetSol Technologies from a d rating to a c- rating in a research note on Tuesday, February 13th.

NetSol Technologies Price Performance

Shares of NASDAQ NTWK opened at $2.66 on Wednesday. NetSol Technologies has a twelve month low of $1.72 and a twelve month high of $3.05. The firm has a fifty day simple moving average of $2.82 and a 200 day simple moving average of $2.36.

NetSol Technologies (NASDAQ:NTWK) last announced its earnings results on Tuesday, February 13th. The software maker reported $0.04 earnings per share for the quarter. NetSol Technologies had a negative net margin of 3.68% and a negative return on equity of 5.47%. The business had revenue of $15.24 million during the quarter.

Insider Buying and Selling at NetSol Technologies

In other NetSol Technologies news, CFO Roger Kent Almond sold 9,264 shares of NetSol Technologies stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $2.88, for a total value of $26,680.32. Following the completion of the sale, the chief financial officer now directly owns 20,736 shares of the company’s stock, valued at $59,719.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 11.71% of the company’s stock.

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.