magicJack VocalTec Ltd. (CALL) Trading 5.5% Higher
magicJack VocalTec Ltd. (NASDAQ:CALL)’s share price traded up 5.5% during trading on Friday . The company traded as high as $6.35 and last traded at $6.29, with a volume of 59,204 shares traded. The stock had previously closed at $5.96.
The company has a 50-day moving average price of $6.23 and a 200-day moving average price of $6.79. The firm has a market capitalization of $99.57 million and a PE ratio of 7.97.
magicJack VocalTec (NASDAQ:CALL) last announced its quarterly earnings results on Tuesday, May 10th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.13. The firm earned $23.70 million during the quarter, compared to the consensus estimate of $23.69 million. The company’s quarterly revenue was down 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.31 EPS. On average, analysts forecast that magicJack VocalTec Ltd. will post $0.77 EPS for the current year.
A hedge fund recently raised its stake in magicJack VocalTec stock. LSV Asset Management boosted its stake in shares of magicJack VocalTec Ltd. (NASDAQ:CALL) by 457.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 150,000 shares of the company’s stock after buying an additional 123,102 shares during the period. LSV Asset Management owned about 0.95% of magicJack VocalTec worth $1,417,000 as of its most recent filing with the SEC.
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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