Marchex Inc. (NASDAQ:MCHX) reached a new 52-week low during trading 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 have commented on MCHX shares. TheStreet upgraded Marchex from a “sell” rating to a “hold” rating in a research note on Friday, April 1st. Zacks Investment Research upgraded Marchex from a “hold” rating to a “buy” rating and set a $4.75 price objective on the stock in a research note on Thursday, April 21st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Marchex has an average rating of “Buy” and an average price target of $5.55.

The company has a market cap of $127.75 million and a P/E ratio of 6.94. The stock has a 50 day moving average price of $3.28 and a 200 day moving average price of $3.83.

Marchex (NASDAQ:MCHX) last released its 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. During the same period in the prior year, the company earned $0.04 earnings per share. The company earned $35.99 million during the quarter, compared to analyst estimates of $35.50 million. Marchex’s revenue for the quarter was up .2% compared to the same quarter last year. On average, equities analysts forecast that Marchex Inc. will post ($0.04) earnings per share for the current year.

A number of large investors have added to or reduced their stakes in MCHX. 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 worth $1,325,000 after buying an additional 1,590 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 worth $2,529,000 after buying an additional 50,000 shares during the period. Finally, 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 worth $5,510,000 after buying an additional 75,155 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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