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

StockNews.com started coverage on shares of NetSol Technologies (NASDAQ:NTWKGet Rating) in a note issued to investors on Monday. The brokerage set a “buy” rating on the software maker’s stock.

Separately, TheStreet cut NetSol Technologies from a “c” rating to a “d+” rating in a research note on Wednesday, September 28th.

NetSol Technologies Price Performance

Shares of NTWK stock opened at $3.07 on Monday. NetSol Technologies has a 1-year low of $2.74 and a 1-year high of $4.84. The stock’s 50-day moving average is $3.19 and its 200 day moving average is $3.26. The company has a market cap of $37.48 million, a P/E ratio of -21.93 and a beta of 0.74. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.32 and a quick ratio of 2.32.

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

NetSol Technologies Company Profile

(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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