Marchex, Inc. (NASDAQ:MCHX – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.38 and traded as high as $1.55. Marchex shares last traded at $1.50, with a volume of 4,428 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Marchex in a research report on Thursday. They issued a “hold” rating on the stock.
Read Our Latest Analysis on Marchex
Marchex Trading Down 0.7 %
Marchex (NASDAQ:MCHX – Get Free Report) last posted its earnings results on Tuesday, May 7th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03). Marchex had a negative return on equity of 15.17% and a negative net margin of 13.97%. The business had revenue of $11.57 million during the quarter, compared to analysts’ expectations of $11.95 million. Analysts anticipate that Marchex, Inc. 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.
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