magicJack VocalTec Ltd. (CALL) Stock Price Down 2.4%
Shares of magicJack VocalTec Ltd. (NASDAQ:CALL) were 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 traded. 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 report on Thursday, August 11th.
The stock’s 50 day moving average price is $6.11 and its 200-day moving average price is $6.51. The stock has a market cap of $87.68 million and a price-to-earnings ratio of 10.15.
magicJack VocalTec (NASDAQ:CALL) last announced its earnings results on Tuesday, August 9th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. The firm had revenue of $25.30 million for the quarter, compared to analyst estimates of $26.60 million. During the same quarter last year, the business earned $0.38 EPS. The company’s revenue for the quarter was down .4% compared to the same quarter last year. Equities research analysts forecast that magicJack VocalTec Ltd. will post $0.64 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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