StockNews.com started coverage on shares of Marchex (NASDAQ:MCHX – Get Free Report) in a report issued on Saturday. The brokerage set a “hold” rating on the technology company’s stock.
Marchex Stock Performance
Shares of NASDAQ:MCHX opened at $1.75 on Friday. Marchex has a 12-month low of $1.11 and a 12-month high of $2.16. The company’s 50 day moving average price is $1.74 and its two-hundred day moving average price is $1.51. The firm has a market cap of $76.40 million, a PE ratio of -11.67 and a beta of 1.97. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.01.
Marchex (NASDAQ:MCHX – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). Marchex had a negative return on equity of 11.33% and a negative net margin of 10.03%. The business had revenue of $12.07 million for the quarter, compared to the consensus estimate of $12.14 million. During the same quarter in the prior year, the business posted ($0.05) earnings per share. Equities research analysts predict that Marchex will post -0.08 earnings per share for the current year.
Institutional Investors 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.
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