On Tuesday, 8X8 Inc (NASDAQ: EGHT) was 5.75% up from the session before settling in for the closing price of $1.74. A 52-week range for EGHT has been $1.51 – $3.52.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 9.89%. When this article was written, the company’s average yearly earnings per share was at -3.82%. With a float of $128.75 million, this company’s outstanding shares have now reached $134.36 million.
The extent of productivity of a business whose workforce counts for 1942 workers is very important to gauge. In terms of profitability, gross margin is 67.97%, operating margin of 0.08%, and the pretax margin is -5.67%.
8X8 Inc (EGHT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward 8X8 Inc stocks. The insider ownership of 8X8 Inc is 4.26%, while institutional ownership is 81.20%. The most recent insider transaction that took place on Jun 11 ’25, was worth 368,000. In this transaction 10% Owner of this company sold 200,000 shares at a rate of $1.84, taking the stock ownership to the 13,885,649 shares. Before that another transaction happened on Jun 12 ’25, when Company’s 10% Owner sold 103,826 for $1.79, making the entire transaction worth $185,849. This insider now owns 13,781,823 shares in total.
8X8 Inc (EGHT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -3.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.85% during the next five years compared to 34.38% growth over the previous five years of trading.
8X8 Inc (NASDAQ: EGHT) Trading Performance Indicators
You can see what 8X8 Inc (EGHT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35. Likewise, its price to free cash flow for the trailing twelve months is 4.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.34 in one year’s time.
Technical Analysis of 8X8 Inc (EGHT)
The latest stats from [8X8 Inc, EGHT] show that its last 5-days average volume of 1.65 million was superior to 1.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 45.59%. Additionally, its Average True Range was 0.10.
During the past 100 days, 8X8 Inc’s (EGHT) raw stochastic average was set at 16.00%, which indicates a significant decrease from 75.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.75% in the past 14 days, which was lower than the 65.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7430, while its 200-day Moving Average is $2.2749. Now, the first resistance to watch is $1.9367. This is followed by the second major resistance level at $2.0333. The third major resistance level sits at $2.1367. If the price goes on to break the first support level at $1.7367, it is likely to go to the next support level at $1.6333. Assuming the price breaks the second support level, the third support level stands at $1.5367.
8X8 Inc (NASDAQ: EGHT) Key Stats
There are 134,479K outstanding shares of the company, which has a market capitalization of 247.44 million. As of now, sales total 715,070 K while income totals -27,210 K. Its latest quarter income was 177,040 K while its last quarter net income were -5,400 K.
