magicJack VocalTec Ltd (NASDAQ:CALL) has been assigned an average broker rating score of 0.00 () from the zero brokers that cover the stock, Zacks Investment Research reports.

Zacks has also given magicJack VocalTec an industry rank of 116 out of 265 based on the ratings given to its competitors.

A number of research analysts have commented on the stock. TheStreet downgraded shares of magicJack VocalTec from a “c” rating to a “d” rating in a research report on Monday, June 12th. Zacks Investment Research downgraded shares of magicJack VocalTec from a “buy” rating to a “hold” rating in a research report on Tuesday, May 16th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Emancipation Management LLC increased its position in magicJack VocalTec by 320.1% in the second quarter. Emancipation Management LLC now owns 275,422 shares of the technology company’s stock worth $1,983,000 after buying an additional 209,854 shares during the period. Goldman Sachs Group Inc. increased its position in magicJack VocalTec by 80.2% in the first quarter. Goldman Sachs Group Inc. now owns 168,639 shares of the technology company’s stock worth $1,442,000 after buying an additional 75,077 shares during the period. Renaissance Technologies LLC increased its position in magicJack VocalTec by 5.5% in the first quarter. Renaissance Technologies LLC now owns 902,636 shares of the technology company’s stock worth $7,718,000 after buying an additional 46,736 shares during the period. California Public Employees Retirement System increased its position in magicJack VocalTec by 14.9% in the first quarter. California Public Employees Retirement System now owns 187,900 shares of the technology company’s stock worth $1,607,000 after buying an additional 24,300 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its position in magicJack VocalTec by 22.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 17,507 shares of the technology company’s stock worth $150,000 after buying an additional 3,209 shares during the period. 49.65% of the stock is currently owned by institutional investors and hedge funds.

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magicJack VocalTec (CALL) traded down 2.61% during mid-day trading on Friday, hitting $7.45. 307,841 shares of the stock were exchanged. The company has a 50-day moving average of $7.30 and a 200-day moving average of $7.62. The stock’s market capitalization is $120.04 million. magicJack VocalTec has a 52 week low of $5.27 and a 52 week high of $8.90.

magicJack VocalTec (NASDAQ:CALL) last posted its quarterly earnings results on Wednesday, August 9th. The technology company reported $0.18 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. The company had revenue of $22.40 million for the quarter, compared to the consensus estimate of $21.90 million. magicJack VocalTec had a negative net margin of 23.97% and a positive return on equity of 23.63%. The firm’s revenue was down 11.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.27 EPS. On average, equities analysts predict that magicJack VocalTec will post $0.48 EPS for the current fiscal year.

magicJack VocalTec Company Profile

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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