Favorable Press Coverage Somewhat Unlikely to Impact Marchex (MCHX) Share Price

News articles about Marchex (NASDAQ:MCHX) have been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marchex earned a daily sentiment score of 0.47 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 47.0131941227336 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Marchex (MCHX) traded down $0.06 during midday trading on Friday, reaching $3.31. 57,027 shares of the company’s stock were exchanged, compared to its average volume of 79,664. The firm has a market capitalization of $144.55, a price-to-earnings ratio of -12.26 and a beta of 1.19. Marchex has a one year low of $2.50 and a one year high of $3.75.

The firm also recently disclosed a special dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Thursday, March 8th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, March 7th. This is a positive change from Marchex’s previous special dividend of $0.14.

A number of research firms have commented on MCHX. ValuEngine lowered shares of Marchex from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Zacks Investment Research lowered shares of Marchex from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd.

In other Marchex news, major shareholder Prescott Group Capital Managem sold 1,100,000 shares of Marchex stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $3.10, for a total value of $3,410,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 27.35% of the company’s stock.

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Marchex Company Profile

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.

Insider Buying and Selling by Quarter for Marchex (NASDAQ:MCHX)

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