magicJack VocalTec Ltd. (CALL) Trading Up 4%
magicJack VocalTec Ltd. (NASDAQ:CALL) was up 4% on Friday . The company traded as high as $5.94 and last traded at $5.93, with a volume of 89,317 shares trading hands. The stock had previously closed at $5.70.
Separately, Zacks Investment Research cut shares of magicJack VocalTec from a “hold” rating to a “sell” rating in a research report on Thursday.
The firm’s 50 day moving average price is $6.14 and its 200 day moving average price is $6.57. The company has a market capitalization of $93.07 million and a price-to-earnings ratio of 7.45.
magicJack VocalTec (NASDAQ:CALL) last issued its earnings results on Tuesday, August 9th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.21 by $0.06. The company had revenue of $25.30 million for the quarter, compared to analysts’ expectations of $26.60 million. During the same quarter in the previous year, the firm posted $0.38 earnings per share. magicJack VocalTec’s revenue for the quarter was down .4% on a year-over-year basis. On average, equities analysts anticipate that magicJack VocalTec Ltd. will post $0.64 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.