StockNews.com began coverage on shares of Marchex (NASDAQ:MCHX – Free Report) in a report released on Wednesday. The brokerage issued a hold rating on the technology company’s stock.
Marchex Trading Up 1.5 %
Marchex stock opened at $1.37 on Wednesday. The business has a 50 day moving average of $1.35 and a 200-day moving average of $1.37. Marchex has a 1 year low of $1.11 and a 1 year high of $2.20. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 0.01.
Marchex (NASDAQ:MCHX – Get Free Report) last released its earnings results on Thursday, March 14th. The technology company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. The business had revenue of $12.40 million during the quarter, compared to the consensus estimate of $12.76 million. Marchex had a negative net margin of 19.85% and a negative return on equity of 21.51%. On average, analysts anticipate that Marchex will post -0.08 earnings per share for the current fiscal year.
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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