Marchex, Inc. (MCHX) Stock: A Service Stock That’s Headed Up

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Marchex, Inc. (MCHX) is working its way for to the top in the market today. The stock, one that is focused in the service industry, is presently trading at $4.45 after climbing 6.97% so far in today’s session. As it relates to service stocks, there are several factors that have the ability to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories centered around MCHX:

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Jun-06-19 03:11PM An Intrinsic Calculation For Marchex, Inc. (NASDAQ:MCHX) Suggests It’s 22% Undervalued
May-30-19 08:50AM The Zacks Analyst Blog Highlights: OptimizeRx, Match, OSI and Marchex
May-29-19 09:24AM 5 Tech Stocks Up in May Despite Stock Market Mayhem
May-16-19 09:01AM Marchex to Present at Investor Conferences
May-08-19 01:10AM Edited Transcript of MCHX earnings conference call or presentation 2-May-19 9:00pm GMT

Nonetheless, any time investors are making a decision to invest, investors should focus on far more than just news, this is especially the case in the ever complex service space. Here’s what’s happening in regard to Marchex, Inc..

Returns That MCHX Investors Have Seen

Although a move toward the top in a single session, like the gain that we’re seeing from Marchex, Inc. might cause fear in some investors, a single session move alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s always important to look at trends experienced by the stock just a single trading session. In the case of MCHX, here are the returns that investors have seen:

  • Past 7 Days – Throughout the past seven days, MCHX has generated a change in value amounting to 0.68%.
  • Past 30 Days – The monthly returns from Marchex, Inc. has been -12.57%.
  • Quarterly – Over the past 3 months, the company has produced a return that works out to 3.01%
  • Past Six Months – In the previous six months, investors have seen a performance of 47.11% from the stock.
  • Year To Date – Since the close of last year MCHX has resulted in a return of 67.92%.
  • Full Year – Lastly, over the last year, investors have seen a change that works out to 60.65% out of MCHX. Throughout this period of time, the stock has traded at a high of -20.11% and a low price of 80.16%.

Rations That Traders Should Consider

Digging into a few ratios associated with a company can give prospective traders a view of just how dangerous and/or rewarding a stock pick may be. Below are some of the important ratios to consider when digging into MCHX.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the level of short interest. The higher this short ratio, the more investors are expecting that the price of the stock is going to climb. Across the sector, strong service stocks tend to have a lower short ratio. However, we also tend to see quite a few short squeezes in the industry. Nonetheless, as it relates to Marchex, Inc., the stock’s short ratio clocks in at 2.93.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to pay its debts when they mature based on quick assets or current assets. do have great current and quick ratios. When it comes to MCHX, the quick and current ratios add up to 3.50 and 3.50 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the share price of the stock. In this case, the book to share value ratio works out to 2.10.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the value of shares. In this case, the cash to share value works out to 1.17.

Big Money And Marchex, Inc.

One thing I’ve learned in my brief time as an intelligence is that good investors tend to follow the moves made by big money. Usually, investors that are trying to keep the risk down will keep an eye on trades made by institutional investors and insiders of the company. With that said, where is the big money in regard to MCHX? Here’s the scoop:

  • Institutions – As it stands now, institutional investors own 74.40% of MCHX. On the other hand, it is worth considering that the ownership held by institutions has changed in the amount of 3.08% over the last quarter.
  • Investors On The Inside – When it comes to insiders, those close to the situation currently hold 3.60% of Marchex, Inc.. Insider ownership of the company has seen a change of 11.65% throughout the past 3 months.

What Analysts Think About Marchex, Inc.

While it’s not a smart idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to consider their thoughts when validating your own before making investment decisions in the service space. Below you’ll find the recent moves that we have seen from analysts as it relates to MCHX.

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Jan-28-19 Upgrade ROTH Capital Neutral → Buy
Aug-10-16 Downgrade ROTH Capital Buy → Neutral
Feb-19-16 Reiterated RBC Capital Mkts Outperform $6 → $5
Dec-22-15 Initiated ROTH Capital Buy $6
Nov-05-15 Reiterated RBC Capital Mkts Outperform $5.50 → $6

What We’ve Seen In earnings results

What have ween seen from MCHX in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands at the moment, Wall Street analysts expect that MCHX will come up with earnings per diluted share of 0.01, with 0.01 being announced in the earnings report for the current quarter. Although this information isn’t tide to earnings, since we’re talking about Wall Street analysts, the stock is presently graded as a 2.00 when rated on a scale from 1 to 5 on which 1 is the poorest Wall St. analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Throughout the last 5 years, Marchex, Inc. has created a movement in sales in the amount of -10.40%. Earnings over the last 5 years have seen movement in the amount of -5.30%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings performance, or Q/Q data as it is commonly represented in the world of humans, the company has created a change in earnings that comes to a total of -34.70%. The company has also moved the needle with regard to revenue in the amount of 20.50%.

What You Need To Know About Share Counts

Investors and traders seem to have a heavy interest in the amounts of shares both outstanding and available. In regard to Marchex, Inc., currently there are 43.63M and there is a float of 34.16M. These numbers mean that of the total of 43.63M shares of MCHX in existence today, 34.16M are available to trade hands in the public realm.

I also find it important to look at the short float. After all, when a large portion of the float available for trading is shorted, the overall feeling in the market is that the company is headed for a dive. As far as it relates to MCHX, the percentage of the float that is shorted is 1.80%. Most investors would say that a concerning short percent of the float would be considered to be anything over 40%. Through my work, I’ve seen that anything over 26% is usually a risky play.

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