During the last session, 8X8 Inc. (NASDAQ:EGHT)’s traded shares were 0.68 million, with the beta value of the company hitting 1.57. At the end of the trading day, the stock’s price was $2.76, reflecting an intraday gain of 2.99% or $0.08. The 52-week high for the EGHT share is $4.88, that puts it down -76.81 from that peak though still a striking 23.19% gain since the share price plummeted to a 52-week low of $2.12. The company’s market capitalization is $345.52M, and the average trade volume was 1.22 million shares over the past three months.
8X8 Inc. (NASDAQ:EGHT) trade information
8X8 Inc. (EGHT) registered a 2.99% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.99% in intraday trading to $2.76, hitting a weekly high. The stock’s 5-day price performance is 6.56%, and it has moved by 28.37% in 30 days. Based on these gigs, the overall price performance for the year is -17.12%.
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8X8 Inc. (EGHT) estimates and forecasts
Statistics show that 8X8 Inc. has underperformed its competitors in share price, compared to the industry in which it operates. 8X8 Inc. (EGHT) shares have gone down -12.93% during the last six months, with a year-to-date growth rate less than the industry average at -12.77% against 25.00.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 9.88%. While earnings are projected to return -14.24% in 2024.
EGHT Dividends
8X8 Inc. is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
