Equities researchers at StockNews.com assumed coverage on shares of Marchex (NASDAQ:MCHX – Get Free Report) in a report released on Friday. The brokerage set a “hold” rating on the technology company’s stock.
Marchex Stock Down 0.6 %
MCHX opened at $1.67 on Friday. The business has a 50 day moving average price of $1.86 and a 200 day moving average price of $1.62. Marchex has a twelve month low of $1.11 and a twelve month high of $2.16. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.37 and a current ratio of 2.37. The firm has a market cap of $72.95 million, a P/E ratio of -15.18 and a beta of 1.97.
Marchex (NASDAQ:MCHX – Get Free Report) last posted its earnings results on Thursday, August 8th. The technology company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). Marchex had a negative return on equity of 11.33% and a negative net margin of 10.03%. The firm had revenue of $12.07 million during the quarter, compared to analyst estimates of $12.14 million. During the same period in the previous year, the company earned ($0.05) EPS. Research analysts forecast that Marchex will post -0.08 EPS for the current year.
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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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