magicJack VocalTec (CALL) Announces Quarterly Earnings, Meets Expectations
magicJack VocalTec (NASDAQ:CALL) announced its earnings results on Monday. The company reported $0.31 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.31, Stock Ratings Network reports. The company had revenue of $29.50 million for the quarter, compared to the consensus estimate of $31.84 million.
magicJack VocalTec (NASDAQ:CALL) traded down 0.91% during mid-day trading on Monday, hitting $13.05. The stock had a trading volume of 1,558,569 shares. magicJack VocalTec has a one year low of $10.67 and a one year high of $25.37. The stock has a 50-day moving average of $14.28 and a 200-day moving average of $16.71. The company has a market cap of $232.7 million and a P/E ratio of 3.64.
CALL has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of magicJack VocalTec from a “neutral” rating to an “underperform” rating in a research note on Friday, July 25th. They now have a $13.30 price target on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of magicJack VocalTec in a research note on Tuesday, May 13th. They now have a $22.00 price target on the stock, down previously from $24.00.
magicJack VocalTec Ltd (NASDAQ:CALL) is a provider of voice-over-Internet-Protocol (VoIP), the softphone (magicJack PC) and the magicJack products.
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