magicJack VocalTec Ltd. (CALL) Trading Down 8.4%
magicJack VocalTec Ltd. (NASDAQ:CALL) dropped 8.4% during trading on Wednesday . The company traded as low as $5.58 and last traded at $5.70, with a volume of 190,669 shares. The stock had previously closed at $6.22.
The company has a 50 day moving average price of $6.16 and a 200-day moving average price of $6.58. The company has a market capitalization of $90.69 million and a price-to-earnings ratio of 7.26.
magicJack VocalTec (NASDAQ:CALL) last released its quarterly earnings results on Tuesday, August 9th. The company reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.06. During the same period in the prior year, the firm earned $0.38 EPS. The company earned $25.30 million during the quarter, compared to analysts’ expectations of $26.60 million. magicJack VocalTec’s quarterly revenue was down .4% on a year-over-year basis. On average, equities analysts predict that magicJack VocalTec Ltd. will post $0.77 EPS for the current fiscal 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.
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