StockNews.com began coverage on shares of Marchex (NASDAQ:MCHX – Free Report) in a research note released on Thursday morning. The brokerage issued a hold rating on the technology company’s stock.
Marchex Stock Down 0.5 %
MCHX opened at $1.87 on Thursday. Marchex has a fifty-two week low of $1.11 and a fifty-two week high of $2.16. The business has a 50-day moving average of $1.88 and a 200-day moving average of $1.61. 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 capitalization of $81.64 million, a PE ratio of -12.47 and a beta of 1.97.
Marchex (NASDAQ:MCHX – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The technology company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). The company had revenue of $12.07 million during the quarter, compared to the consensus estimate of $12.14 million. Marchex had a negative return on equity of 11.33% and a negative net margin of 10.03%. During the same period last year, the business earned ($0.05) EPS. Equities research analysts forecast that Marchex will post -0.08 EPS for the current fiscal year.
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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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