magicJack VocalTec Ltd. (CALL) Sees Strong Trading Volume
Shares of magicJack VocalTec Ltd. (NASDAQ:CALL) saw unusually-strong trading volume on Friday . Approximately 70,094 shares traded hands during trading, an increase of 36% from the previous session’s volume of 51,676 shares.The stock last traded at $5.97 and had previously closed at $5.93.
The firm has a market cap of $94.81 million and a PE ratio of 7.59. The company’s 50-day moving average price is $6.18 and its 200-day moving average price is $6.61.
magicJack VocalTec (NASDAQ:CALL) last posted its earnings results on Tuesday, May 10th. The company reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.13. The business had revenue of $23.70 million for the quarter, compared to analyst estimates of $23.69 million. During the same quarter last year, the business earned $0.31 earnings per share. magicJack VocalTec’s revenue was down 7.1% on a year-over-year basis. Equities analysts forecast that magicJack VocalTec Ltd. will post $0.77 EPS for the current year.
magicJack VocalTec Ltd. and its subsidiaries is a cloud communications company. The Company provides magicJack devices and other magicJack products and services. The Company also provides additional products and services, which include voice applications on smart phones, as well as the magicJack PLUS, magicJack GO and magicJack EXPRESS, which are updated versions of the magicJack device that have their own central processing unit (CPU) and can connect a regular phone directly to the users broadband modem/router and function as a standalone phone without using a computer.
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