Shares of magicJack VocalTec Ltd. (NASDAQ:CALL) were down 3.6% on Thursday . The company traded as low as $5.90 and last traded at $5.96, with a volume of 100,884 shares changing hands. The stock had previously closed at $6.18.

The firm’s 50 day moving average price is $6.22 and its 200-day moving average price is $6.81. The stock has a market capitalization of $94.50 million and a price-to-earnings ratio of 7.56.

magicJack VocalTec (NASDAQ:CALL) last posted its earnings results on Tuesday, May 10th. The company reported $0.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.13. The company had revenue of $23.70 million for the quarter, compared to analysts’ expectations of $23.69 million. The firm’s quarterly revenue was down 7.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.31 EPS. On average, analysts forecast that magicJack VocalTec Ltd. will post $0.77 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in magicJack VocalTec stock. LSV Asset Management increased its position in shares of magicJack VocalTec Ltd. (NASDAQ:CALL) by 457.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

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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