Marchex (NASDAQ:MCHX) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Marchex (NASDAQ:MCHX) in a report issued on Friday. The brokerage set a “hold” rating on the technology company’s stock.

Marchex Trading Up 4.9 %

Shares of MCHX opened at $1.50 on Friday. Marchex has a 52-week low of $1.11 and a 52-week high of $2.14. The business’s fifty day moving average is $1.44 and its 200-day moving average is $1.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 2.49. The firm has a market cap of $65.49 million, a price-to-earnings ratio of -10.00 and a beta of 1.99.

Marchex (NASDAQ:MCHX) last issued its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). The company had revenue of $11.57 million for the quarter, compared to analyst estimates of $11.95 million. Marchex had a negative return on equity of 15.17% and a negative net margin of 13.97%. Equities analysts anticipate that Marchex will post -0.11 EPS for the current fiscal year.

About Marchex

Marchex, Inc, a conversation intelligence company, provides conversational analytics and related solutions in the United States, Canada, and internationally. Its products include Marketing Edge that identifies which campaigns and channels are driving inbound conversations, evaluates what happens during those conversations, and closes the sales loop by connecting converted sales to marketing driven leads; Sonar Business Text Messaging, an artificial intelligence (AI) empowered intelligent workflow enabled mobile messaging solution that enables operations, sales, and marketing teams to communicate personally with field staff, prospects, and customers; Marchex Platform Services, a robust API-based conversation intelligence product that allows executives, sales, customer engagement, and marketing teams to apply Marchex AI to most any calls, regardless of communication platform, in order to identify actionable insights from conversations with their customers; Spotlight, an AI conversation analytics product for multi-location businesses; and Engage, a solution that provides locations with applications to enhance their overall performance.