magicJack VocalTec Ltd. (CALL) Trading Up 4.2%
magicJack VocalTec Ltd. (NASDAQ:CALL) was up 4.2% on Thursday . The company traded as high as $6.69 and last traded at $6.63, with a volume of 65,913 shares trading hands. The stock had previously closed at $6.36.
The stock has a market capitalization of $103.69 million and a price-to-earnings ratio of 8.30. The firm’s 50 day moving average price is $6.18 and its 200-day moving average price is $6.90.
magicJack VocalTec (NASDAQ:CALL) last released its earnings results on Tuesday, May 10th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.13. The firm earned $23.70 million during the quarter, compared to analysts’ expectations of $23.69 million. The business’s revenue was down 7.1% on a year-over-year basis. During the same period last year, the business earned $0.31 earnings per share. On average, equities research analysts anticipate that magicJack VocalTec Ltd. will post $0.77 earnings per share for the current year.
A hedge fund recently bought a new stake in magicJack VocalTec stock. EAM Investors LLC purchased a new stake in magicJack VocalTec Ltd. (NASDAQ:CALL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 238,679 shares of the company’s stock, valued at approximately $2,256,000. EAM Investors LLC owned approximately 1.52% of magicJack VocalTec 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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