During the last session, 8X8 Inc. (NASDAQ:EGHT)’s traded shares were 0.83 million, with the beta value of the company hitting 1.44. At the end of the trading day, the stock’s price was $2.27, reflecting an intraday loss of -2.16% or -$0.05. The 52-week high for the EGHT share is $4.88, that puts it down -114.98 from that peak though still a striking 6.61% gain since the share price plummeted to a 52-week low of $2.12. The company’s market capitalization is $280.16M, and the average trade volume was 1.46 million shares over the past three months.
8X8 Inc. (NASDAQ:EGHT) trade information
8X8 Inc. (EGHT) registered a -2.16% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.16% in intraday trading to $2.27, hitting a weekly high. The stock’s 5-day price performance is 4.13%, and it has moved by -17.15% in 30 days. Based on these gigs, the overall price performance for the year is -27.01%.
8X8 Inc. (EGHT) estimates and forecasts
Statistics show that 8X8 Inc. has outperformed its competitors in share price, compared to the industry in which it operates. 8X8 Inc. (EGHT) shares have gone down -0.87% during the last six months, with a year-to-date growth rate more than the industry average at 39.39% against 18.90. In the rating firms’ projections, revenue will decrease -2.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 178.83M as predicted by 12 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 181.28M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 11.16%. While earnings are projected to return 39.65% in 2024.
EGHT Dividends
8X8 Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
