Stock analysts at StockNews.com started coverage on shares of Marchex (NASDAQ:MCHX – Get Free Report) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the technology company’s stock.
Marchex Price Performance
MCHX stock opened at $1.97 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.49 and a quick ratio of 2.49. The business has a 50 day simple moving average of $1.57 and a 200-day simple moving average of $1.43. The firm has a market capitalization of $86.01 million, a PE ratio of -13.13 and a beta of 1.99. Marchex has a 1 year low of $1.11 and a 1 year high of $2.01.
Marchex (NASDAQ:MCHX – Get Free Report) last issued its quarterly earnings data 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 15.17% and a negative net margin of 13.97%. The company had revenue of $12.07 million during the quarter, compared to analyst estimates of $12.14 million. During the same period in the prior year, the business posted ($0.05) earnings per share. Equities research analysts anticipate that Marchex will post -0.11 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
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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