magicJack VocalTec Ltd. (NASDAQ:CALL) reached a new 52-week low during trading on Wednesday . The company traded as low as $5.28 and last traded at $5.28, with a volume of 216,043 shares trading hands. The stock had previously closed at $5.69.

Separately, Zacks Investment Research lowered magicJack VocalTec from a “hold” rating to a “sell” rating in a research report on Thursday, August 11th.

The stock’s 50 day moving average is $6.11 and its 200 day moving average is $6.51. The firm has a market capitalization of $83.71 million and a PE ratio of 9.69.

magicJack VocalTec (NASDAQ:CALL) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.06. The business earned $25.30 million during the quarter, compared to analysts’ expectations of $26.60 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s quarterly revenue was down .4% compared to the same quarter last year. On average, equities research analysts predict that magicJack VocalTec Ltd. will post $0.64 earnings per share 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.