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Marchex (MCHX) Jumps: Stock Rises 6.3%

Zacks Equity Research

Marchex, Inc. (MCHX) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $11.10 to $12.14 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Marchex currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the Internet services industry include Akamai Technologies, Inc. (AKAM), LivePerson Inc. (LPSN) and SearchCore Inc.

(SRER). All of these have a Zacks Rank #2 (Buy).

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MARCHEX INC CL B (MCHX): Free Stock Analysis Report

AKAMAI TECHNOLOGIES INC (AKAM): Free Stock Analysis Report

LIVEPERSON INC (LPSN): Free Stock Analysis Report

SEARCHCORE INC (SRER): Free Stock Analysis Report

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