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Netsol Technologies (NASDAQ:NTWK) hit a new 52-week low during trading on Monday , Analyst Ratings News reports. The stock traded as low as $3.02 and last traded at $3.05, with a volume of 113,763 shares traded. The stock had previously closed at $3.43.

Separately, analysts at Zacks upgraded shares of Netsol Technologies from an “underperform” rating to a “neutral” rating in a research note on Wednesday, August 6th. They now have a $3.40 price target on the stock.

The stock has a 50-day moving average of $3.72 and a 200-day moving average of $4.22. The company’s market cap is $26.9 million.

NetSol Technologies, Inc (NASDAQ:NTWK) designs, develops, markets, and exports software products to customers in the automobile finance and leasing, banking, healthcare, and financial services industries worldwide.

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