magicJack VocalTec Ltd. (CALL) Sees Strong Trading Volume
Shares of magicJack VocalTec Ltd. (NASDAQ:CALL) saw unusually-strong trading volume on Friday . Approximately 210,410 shares were traded during trading, an increase of 101% from the previous session’s volume of 104,811 shares.The stock last traded at $5.73 and had previously closed at $5.46.
Separately, Zacks Investment Research cut shares of magicJack VocalTec from a “hold” rating to a “sell” rating in a research note on Thursday, August 11th.
The firm has a market cap of $91.96 million and a PE ratio of 10.64. The stock’s 50-day moving average price is $6.07 and its 200 day moving average price is $6.49.
magicJack VocalTec (NASDAQ:CALL) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.06. The business earned $25.30 million during the quarter, compared to the consensus estimate of $26.60 million. During the same period in the prior year, the firm earned $0.38 EPS. The business’s revenue for the quarter was down .4% on a year-over-year basis. Equities analysts predict 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.