NetSol Technologies (NASDAQ:NTWK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of NetSol Technologies (NASDAQ:NTWK) to a strong-buy rating in a research report report published on Saturday.

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of NetSol Technologies in a report on Saturday, September 27th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

NetSol Technologies Stock Performance

Shares of NASDAQ:NTWK opened at $4.46 on Friday. The business’s fifty day moving average price is $4.40 and its two-hundred day moving average price is $3.46. The stock has a market cap of $52.58 million, a PE ratio of 17.84 and a beta of 1.10. NetSol Technologies has a one year low of $2.14 and a one year high of $5.75.

NetSol Technologies (NASDAQ:NTWK) last announced its earnings results on Monday, September 29th. The software maker reported $0.22 EPS for the quarter. The firm had revenue of $18.40 million for the quarter. NetSol Technologies had a return on equity of 7.40% and a net margin of 4.46%.

Institutional Investors Weigh In On NetSol Technologies

An institutional investor recently bought a new position in NetSol Technologies stock. PFG Investments LLC bought a new position in NetSol Technologies Inc. (NASDAQ:NTWK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,000 shares of the software maker’s stock, valued at approximately $78,000. PFG Investments LLC owned 0.21% of NetSol Technologies at the end of the most recent quarter. Institutional investors and hedge funds own 16.02% 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.