8X8 Inc. (NASDAQ:EGHT)’s traded shares stood at 1.14 million during the last session, with the company’s beta value hitting 1.57. At the close of trading, the stock’s price was $2.68, to imply a decrease of -1.83% or -$0.05 in intraday trading. The EGHT share’s 52-week high remains $4.88, putting it -82.09% down since that peak but still an impressive 20.9% since price per share fell to its 52-week low of $2.12. The company has a valuation of $336.02M, with an average of 1.12 million shares over the past 3 months.
8X8 Inc. (NASDAQ:EGHT) trade information
After registering a -1.83% downside in the last session, 8X8 Inc. (EGHT) has traded red over the past five days. The stock hit a weekly high of 3.08, dropping -1.83% in its intraday price action. The 5-day price performance for the stock is -4.63%, and 21.27% over 30 days. With these gigs, the year-to-date price performance is -29.10%.
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8X8 Inc. (EGHT) estimates and forecasts
Looking at statistics comparing 8X8 Inc. share performance against respective industry, we note that the company has underperformed competitors. 8X8 Inc. (EGHT) shares are -8.84% down over the last 6 months, with its year-to-date growth rate lower than industry average at -12.77% against 21.70%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 9.88% for the past 5-year period. While 2024 is set for a -14.24% return in earnings, projections for the next 5 years are at 11.60% annually.
EGHT Dividends
8X8 Inc. has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. 8X8 Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
