On Tuesday, 8X8 Inc (NASDAQ: EGHT) opened lower -6.37% from the last session, before settling in for the closing price of $2.04. Price fluctuations for EGHT have ranged from $1.52 to $3.52 over the past 52 weeks.
Technology Sector giant saw their annual sales surged by 34.38% over the last five years. Company’s average yearly earnings per share was noted -17.13% at the time writing. With a float of $130.59 million, this company’s outstanding shares have now reached $135.75 million.
8X8 Inc (EGHT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of 8X8 Inc is 4.24%, while institutional ownership is 77.04%. The most recent insider transaction that took place on Jul 28 ’25, was worth 49,756. In this transaction Director of this company sold 24,271 shares at a rate of $2.05, taking the stock ownership to the 187,293 shares. Before that another transaction happened on Jun 18 ’25, when Company’s Director sold 6,644 for $1.85, making the entire transaction worth $12,309. This insider now owns 126,665 shares in total.
8X8 Inc (EGHT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.08) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.13% per share during the next fiscal year.
8X8 Inc (NASDAQ: EGHT) Trading Performance Indicators
Check out the current performance indicators for 8X8 Inc (EGHT). In the past quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 6.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of 8X8 Inc (EGHT)
Analysing the last 5-days average volume posted by the [8X8 Inc, EGHT], we can find that recorded value of 0.64 million was lower than the volume posted last year of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 9.05%.
During the past 100 days, 8X8 Inc’s (EGHT) raw stochastic average was set at 43.75%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.11 in the past 14 days, which was higher than the 0.10 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.01, while its 200-day Moving Average is $2.14. Now, the first resistance to watch is $2.00. This is followed by the second major resistance level at $2.09. The third major resistance level sits at $2.14. If the price goes on to break the first support level at $1.86, it is likely to go to the next support level at $1.82. Now, if the price goes above the second support level, the third support stands at $1.73.
8X8 Inc (NASDAQ: EGHT) Key Stats
There are currently 136,369K shares outstanding in the company with a market cap of 260.46 million. Presently, the company’s annual sales total 715,070 K according to its annual income of -27,210 K. Last quarter, the company’s sales amounted to 181,360 K and its income totaled -4,320 K.
