Marchex Inc (MCHX) Shares See 6.70% Rise Over Last Week

Marchex Inc [MCHX] stock prices are up 2.48% to $2.07 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MCHX shares have gain 6.70% over the last week, with a monthly amount glided 4.55%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Marchex Inc [NASDAQ: MCHX] stock has seen the most recent analyst activity on January 28, 2019, when ROTH Capital upgraded its rating to a Buy. Previously, ROTH Capital downgraded its rating to Neutral on August 10, 2016. On February 19, 2016, RBC Capital Mkts reiterated its Outperform rating and revised its price target to $5 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $6 on December 22, 2015. RBC Capital Mkts reiterated its recommendation of a Outperform and raised its price target to $6 on November 05, 2015. RBC Capital Mkts reiterated a Outperform rating for this stock on August 06, 2015, and upped its price target to $5.50. In a note dated September 19, 2014, RBC Capital Mkts reiterated an Outperform rating on this stock and revised its target price from $12 to $6.

The stock price of Marchex Inc [MCHX] has been fluctuating between $1.11 and $2.40 over the past year. Marchex Inc [NASDAQ: MCHX] shares were valued at $2.07 at the most recent close of the market.

Analyzing the MCHX fundamentals

The Marchex Inc [NASDAQ:MCHX] reported sales of 48.59M for trailing twelve months, representing a drop of -1.76%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.12 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.03 points at the first support level, and at 1.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.10, and for the 2nd resistance point, it is at 2.13.

Ratios To Look Out For

It’s worth pointing out that Marchex Inc [NASDAQ:MCHX]’s Current Ratio is 2.52. In addition, the Quick Ratio stands at 2.52 and the Cash Ratio stands at 1.39. Considering the valuation of this stock, the price to sales ratio is 1.86, the price to book ratio is 2.63.

Transactions by insiders

Recent insider trading involved Miller Edwin A, Chief Executive Officer, that happened on Nov 18 ’24 when 4980.0 shares were purchased. Chief Executive Officer, Miller Edwin A completed a deal on Nov 15 ’24 to buy 807.0 shares. Meanwhile, Chief Executive Officer Miller Edwin A bought 100000.0 shares on Nov 14 ’24.

Related Posts