Marchex Inc. (NASDAQ:MCHX) reached a new 52-week low on Thursday . The stock traded as low as $3.02 and last traded at $3.15, with a volume of 84,343 shares trading hands. The stock had previously closed at $3.20.

Several equities research analysts recently weighed in on MCHX shares. Zacks Investment Research upgraded shares of Marchex from a “hold” rating to a “buy” rating and set a $4.75 target price for the company in a research note on Thursday, April 21st. TheStreet upgraded shares of Marchex from a “sell” rating to a “hold” rating in a research note on Friday, April 1st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Marchex currently has a consensus rating of “Buy” and a consensus price target of $5.55.

The company has a 50-day moving average price of $3.31 and a 200 day moving average price of $3.84. The firm has a market capitalization of $130.22 million and a PE ratio of 7.07.

Marchex (NASDAQ:MCHX) last issued its quarterly earnings results on Thursday, May 5th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.01. The business had revenue of $35.99 million for the quarter, compared to analysts’ expectations of $35.50 million. During the same quarter in the previous year, the business earned $0.04 earnings per share. Marchex’s quarterly revenue was up .2% on a year-over-year basis. On average, equities analysts expect that Marchex Inc. will post ($0.04) EPS for the current year.

Other large investors have modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Marchex by 5.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,416,444 shares of the company’s stock valued at $5,510,000 after buying an additional 75,155 shares during the period. P.A.W. Capital Corp boosted its stake in shares of Marchex by 8.3% in the fourth quarter. P.A.W. Capital Corp now owns 650,000 shares of the company’s stock valued at $2,529,000 after buying an additional 50,000 shares during the period. Finally, Morgan Stanley boosted its stake in shares of Marchex by 0.5% in the fourth quarter. Morgan Stanley now owns 340,598 shares of the company’s stock valued at $1,325,000 after buying an additional 1,590 shares during the period.

Marchex, Inc is an advertising analytics company. The Company offers products and services for enterprises that depend on consumer phone calls to drive sales. The Company’s media analytics products connect call data to media channels, including search and display – down to the campaign, keyword and impression.

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