StockNews.com started coverage on shares of Marchex (NASDAQ:MCHX – Get Free Report) in a note issued to investors on Thursday. The firm set a “hold” rating on the technology company’s stock.
Marchex Stock Performance
Marchex stock opened at $1.87 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.37 and a quick ratio of 2.37. Marchex has a 1-year low of $1.11 and a 1-year high of $2.16. The firm has a market capitalization of $81.64 million, a P/E ratio of -12.47 and a beta of 1.97. The company’s 50-day moving average is $1.88 and its 200 day moving average is $1.60.
Marchex (NASDAQ:MCHX – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). Marchex had a negative net margin of 10.03% and a negative return on equity of 11.33%. The company had revenue of $12.07 million for the quarter, compared to analyst estimates of $12.14 million. During the same period in the prior year, the company posted ($0.05) EPS. Research analysts forecast that Marchex will post -0.08 EPS for the current year.
Hedge Funds Weigh In On Marchex
Marchex Company Profile
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.
See Also
- Five stocks we like better than Marchex
- Upcoming IPO Stock Lockup Period, Explained
- Taiwan Semiconductor Stock: Buy Now or Wait for Earnings?
- Insider Trades May Not Tell You What You Think
- Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
- What Investors Need to Know to Beat the Market
- Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
Receive News & Ratings for Marchex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marchex and related companies with MarketBeat.com's FREE daily email newsletter.