magicJack VocalTec Ltd. (CALL) Stock Price Down 6%
Shares of magicJack VocalTec Ltd. (NASDAQ:CALL) fell 6% during mid-day trading on Friday . The stock traded as low as $6.03 and last traded at $6.06, with a volume of 73,946 shares changing hands. The stock had previously closed at $6.45.
Separately, Zacks Investment Research raised magicJack VocalTec from a “sell” rating to a “hold” rating in a research note on Thursday.
The stock’s 50 day moving average price is $6.08 and its 200-day moving average price is $6.44. The company has a market cap of $96.87 million and a price-to-earnings ratio of 11.21.
magicJack VocalTec (NASDAQ:CALL) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.06. During the same quarter in the previous year, the company earned $0.38 earnings per share. The company earned $25.30 million during the quarter, compared to analyst estimates of $26.60 million. The business’s revenue for the quarter was down .4% on a year-over-year basis. On average, 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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