News coverage about Marchex (NASDAQ:MCHX) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Marchex earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.4126822898593 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Marchex (NASDAQ:MCHX) traded down $0.03 on Wednesday, reaching $2.86. 59,710 shares of the company’s stock were exchanged, compared to its average volume of 101,180. The stock has a market cap of $124.02, a P/E ratio of -19.07 and a beta of 1.33. Marchex has a 1 year low of $2.54 and a 1 year high of $3.67.
Marchex (NASDAQ:MCHX) last posted its quarterly earnings data on Thursday, February 15th. The technology company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.02. The firm had revenue of $21.85 million for the quarter, compared to the consensus estimate of $21.10 million. Marchex had a negative net margin of 6.74% and a negative return on equity of 4.71%. The business’s revenue for the quarter was down 23.1% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.04) EPS. analysts anticipate that Marchex will post -0.07 earnings per share for the current fiscal year.
In other news, major shareholder Edenbrook Capital, Llc acquired 80,773 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were purchased at an average cost of $3.23 per share, with a total value of $260,896.79. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have acquired a total of 353,831 shares of company stock worth $1,138,437 over the last ninety days. Insiders own 27.35% of the company’s stock.
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Marchex, Inc is a mobile advertising analytics company. The Company offers products and services for enterprises that depend on consumer phone calls to drive sales. Its media analytics products can provide actionable intelligence on media channels advertisers use to acquire customers over the phone. Its Marchex Omnichannel Analytics Cloud helps marketers connect customer conversions driven from paid media channels, including search, display and video, social and sites, to phone calls made to a business.
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