magicJack VocalTec Ltd. (CALL) Shares Up 5.5%
magicJack VocalTec Ltd. (NASDAQ:CALL)’s share price shot up 5.5% during trading on Friday . The stock traded as high as $6.35 and last traded at $6.29, with a volume of 59,204 shares trading hands. The stock had previously closed at $5.96.
The company’s 50-day moving average is $6.23 and its 200-day moving average is $6.79. The stock has a market cap of $99.57 million and a P/E ratio of 7.97.
magicJack VocalTec (NASDAQ:CALL) last issued its earnings results on Tuesday, May 10th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.13. The firm earned $23.70 million during the quarter, compared to analyst estimates of $23.69 million. The business’s quarterly revenue was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.31 earnings per share. On average, analysts expect that magicJack VocalTec Ltd. will post $0.77 EPS for the current fiscal year.
A hedge fund recently raised its stake in magicJack VocalTec stock. LSV Asset Management boosted its stake in magicJack VocalTec Ltd. (NASDAQ:CALL) by 457.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 150,000 shares of the company’s stock after buying an additional 123,102 shares during the period. LSV Asset Management owned 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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