StockNews.com initiated coverage on shares of Marchex (NASDAQ:MCHX – Free Report) in a research note published on Friday. The brokerage issued a hold rating on the technology company’s stock.
Marchex Stock Down 0.6 %
Shares of NASDAQ MCHX opened at $1.67 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.37 and a quick ratio of 2.37. The company has a market cap of $72.95 million, a P/E ratio of -15.18 and a beta of 1.97. Marchex has a 1 year low of $1.11 and a 1 year high of $2.16. The firm has a 50-day simple moving average of $1.86 and a two-hundred day simple moving average of $1.62.
Marchex (NASDAQ:MCHX – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). The business had revenue of $12.07 million during the quarter, compared to the consensus estimate of $12.14 million. Marchex had a negative net margin of 10.03% and a negative return on equity of 11.33%. During the same quarter last year, the firm earned ($0.05) earnings per share. Research analysts anticipate that Marchex will post -0.08 earnings per share for the current year.
Institutional Trading of 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.
Featured Stories
- Five stocks we like better than Marchex
- Consumer Staples Stocks, Explained
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- 3 Best Fintech Stocks for a Portfolio Boost
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- MarketBeat Week in Review – 10/21- 10/25
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.