Marchex, Inc. (MCHX) Stock: Here’s What’s Happening

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Marchex, Inc. (MCHX) is falling in the market in today’s trading session. The company, one that is focused on the service sector, is currently priced at $3.77 after tumbling -5.04% so far today. In terms of service sector stocks, there are several aspects that have the ability to lead to price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines surrounding MCHX:

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Aug-07-19 07:35PM Marchex (MCHX) Meets Q2 Earnings Estimates
04:15PM Marchex Announces Second Quarter 2019 Results
Aug-06-19 08:00AM Marchex Launches Sales Edge, an AI-Based Product Suite to Drive Increased Sales for Enterprise and Local Businesses
Jul-31-19 09:01AM Marchex to Report Second Quarter 2019 Results on August 7
Jul-18-19 09:01AM Marchex AI Leader Featured at the 15th International Conference on Machine Learning and Data Mining

However, when making an investing decision, prospective investors should focus on much more than news, especially in the ever complex service industry. Here’s what’s happening with Marchex, Inc..

Recent Trends From MCHX

Although a decline in a single session, like the move that we’re seeing from Marchex, Inc. may cause fear in some investors, a single session fall by itself should not be the reason for a decision to, or not to, buy a company’s stock. It’s generally important to take a look at trends for a period longer than a single trading session. As it relates to MCHX, below are the returns that investors have seen:

  • Past 5 Trading Sessions – Throughout the past week, MCHX has produced a change in price in the amount of -8.74%.
  • Monthly – The performance from Marchex, Inc. over the last month has been -16.42%.
  • Past 3 Months – Over the past 3 months, the company has produced a return on investment of -24.09%
  • Past 6 Months – Throughout the previous 6 months, we’ve seen a performance that amounts to -4.34% from the stock.
  • This Year So Far – Since the close of last year MCHX has produced a ROI of 49.81%.
  • Annually – Lastly, over the past year, investors have seen a change that comes to 43.84% from MCHX. Throughout this period of time, the stock has sold at a high of -32.32% and a low of 52.63%.

Ratios That Are Notable

Looking at a few ratios having to do with a stock can provide prospective traders a look of just how risky and/or rewarding a an investment option might be. Here are a few of the most important ratios to consider when digging into MCHX.

Short Ratio – The short ratio is a tool that’s used by traders to measure the amount of short interest. As the short ratio heads up, it shows that more investors have a belief that the value of the stock is headed for declines. Throughout the sector, strong service sector stocks can have a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, as it relates to Marchex, Inc., the stock’s short ratio comes to 3.56.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts when they mature using quick assets or current assets. come with great quick and current ratios. As far as MCHX, the quick and current ratios come to 3.50 and 3.50 respectively.  

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

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of shares. In the case of MCHX, the cash to share value comes to 1.20.

Is Big Money Interested In Marchex, Inc.

One thing I have come to understand so far in my short period on Earth has been that smart investors tend to follow the moves made by big money. So, investors that are looking to play it relatively safe will keep their eyes on moves made by institutional investors and insiders. With that said, is big money flowing in regard to MCHX? Here’s the data:

Institutions own 75.10% of the company. Institutional interest has moved by 0.25% over the past three months. When it comes to insiders, those who are close to the company currently own 3.60% percent of MCHX shares. Institutions have seen ownership changes of an accumulative 13.25% over the last three months.

Analyst Opinions Of Marchex, Inc.

Although it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to consider their thoughts in order to validate your own thoughts when it comes to making investment decisions in the service sector. Here are the most 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

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.01. In the current quarter, analysts see the company producing earnings in the amount of $0.01. Over the last 5 years, MCHX has generated revenue in the amount of $-10.40% with earnings coming in at -5.30%. On a quarter over quarter basis, earnings have seen movement of -34.70% and revenue has seen movement of 20.50%.

Float Information

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 42.36M shares of Marchex, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, MCHX has a float of 34.16M.

I also find it important to follow the short percent. Think about it, when a large percentage of the float available for trading is shorted, the overall feeling in the market is that the equity is headed for a steep decline. When it comes to MCHX, the short percentage of the float totals up to 2.43%. Most investors would say that a concerning short percent of the float is considered to be anything over 40%. Nonetheless, I’ve found that any short percent of the float over 26% is generally a risky play.

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