magicJack VocalTec Ltd. (CALL) Stock Price Down 2.4%
magicJack VocalTec Ltd. (NASDAQ:CALL)’s share price traded down 2.4% during trading on Tuesday . The company traded as low as $5.73 and last traded at $5.76, with a volume of 59,608 shares trading hands. The stock had previously closed at $5.90.
Separately, Zacks Investment Research lowered shares of magicJack VocalTec from a “hold” rating to a “sell” rating in a research report on Thursday, August 11th.
The company has a market cap of $90.21 million and a price-to-earnings ratio of 10.44. The stock has a 50 day moving average of $6.13 and a 200 day moving average of $6.53.
magicJack VocalTec (NASDAQ:CALL) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.06. During the same quarter in the prior year, the firm posted $0.38 earnings per share. The business earned $25.30 million during the quarter, compared to analyst estimates of $26.60 million. magicJack VocalTec’s revenue for the quarter was down .4% compared to the same quarter last year. Analysts expect 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.
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