magicJack VocalTec Ltd. (NASDAQ:CALL) shares rose 4.2% during trading on Thursday . The company traded as high as $6.69 and last traded at $6.63, with a volume of 65,913 shares changing hands. The stock had previously closed at $6.36.

A number of research analysts have issued reports on the stock. Oppenheimer Holdings Inc. assumed coverage on shares of magicJack VocalTec in a research report on Wednesday, March 16th. They set a “hold” rating on the stock. Zacks Investment Research lowered shares of magicJack VocalTec from a “hold” rating to a “sell” rating in a research report on Thursday, March 17th.

The firm has a market cap of $103.69 million and a PE ratio of 8.30. The stock has a 50-day moving average price of $6.16 and a 200 day moving average price of $6.92.

magicJack VocalTec (NASDAQ:CALL) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.13. During the same quarter in the prior year, the business earned $0.31 earnings per share. The business had revenue of $23.70 million for the quarter, compared to analyst estimates of $23.69 million. The firm’s quarterly revenue was down 7.1% compared to the same quarter last year. Equities research analysts expect that magicJack VocalTec Ltd. will post $0.77 earnings per share for the current year.

An institutional investor recently bought a new position in magicJack VocalTec stock. EAM Investors LLC purchased a new position in shares of magicJack VocalTec Ltd. (NASDAQ:CALL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 238,679 shares of the company’s stock, valued at approximately $2,256,000. EAM Investors LLC owned approximately 1.52% of magicJack VocalTec at the end of the most recent reporting period.

magicJack VocalTec Ltd. (magicJack VocalTec) is a cloud communications company. The Company provides magicJack devices and other magicJack products and services, such as magicJack Devices that include magicJack, magicJack PLUS and magicJack GO, and magicJack APP. The magicJack, magicJack PLUS and magicJack GO are voice-over-Internet-Protocol (VoIP) devices.

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