How Does Marchex, Inc. (MCHX) Stock Rank on Wall Street Thursday?

InvestorsObserver is giving Marchex, Inc. (MCHX) an Analyst Rating Rank of 72, meaning MCHX is ranked higher by analysts than 72% of stocks. The average price target for MCHX is $3.5 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating MCHX a Strong Buy today. Find out what this means to you and get the rest of the rankings on MCHX!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Marchex, Inc. Stock Today?

Marchex, Inc. (MCHX) stock is trading at $2.00 as of 1:24 PM on Thursday, May 26, a rise of $0.19, or 10.5% from the previous closing price of $1.81. The stock has traded between $1.75 and $2.00 so far today. Volume today is light. So far 22,502 shares have traded compared to average volume of 31,118 shares. Click Here to get the full Stock Report for Marchex, Inc. stock.