NetSol Technologies (NTWK) Receiving Somewhat Favorable Press Coverage, Analysis Shows

News headlines about NetSol Technologies (NASDAQ:NTWK) have trended somewhat positive on Tuesday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. 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 news sentiment score of 0.03 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 44.974331682526 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of brokerages have recently issued reports on NTWK. ValuEngine upgraded shares of NetSol Technologies from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. TheStreet lowered shares of NetSol Technologies from a “c-” rating to a “d” rating in a research report on Thursday, September 28th.

Shares of NetSol Technologies (NASDAQ NTWK) traded up $0.05 during mid-day trading on Tuesday, hitting $4.70. 14,500 shares of the stock were exchanged, compared to its average volume of 12,160. NetSol Technologies has a 12 month low of $3.09 and a 12 month high of $5.60. The firm has a market capitalization of $55.53, a price-to-earnings ratio of -10.44 and a beta of 0.70.

In related news, CEO Najeeb Ghauri bought 10,000 shares of NetSol Technologies stock in a transaction dated Friday, November 17th. The shares were bought at an average cost of $3.50 per share, for a total transaction of $35,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have bought 40,450 shares of company stock worth $166,079 over the last quarter. 11.05% of the stock is owned by company insiders.

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About NetSol Technologies

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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