8x8 Inc Stock News

These two companies an enjoying explosive top-line growth, but their stock charts are going way down anyway.

8x8, Inc. (EGHT) CEO David Sipes on Q3 2022 Results - Earnings Call Transcript

8x8 (EGHT) delivered earnings and revenue surprises of 100% and 1.29%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

8X8 Inc. (EGHT) shares closed 3.0% lower than its previous 52 week low, giving the company a market cap of $1B. The stock is currently down 12.2% year-to-date, down 59.9% over the past 12 months, and down 9.2% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 4.1%. Trading Activity Trading volume this week was 4.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 134.3% The company's stock price performance over the past 12 months lags the peer average by -252.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

8x8 (EGHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE: EGHT) announced it will report third quarter 2022 financial results following the close of market on February 2, 2022.

8×8, Inc. (NYSE:EGHT) SVP Matthew Zinn sold 613 shares of 8X8 stock in a transaction on Monday, December 20th. The stock was sold at an average price of $16.95, for a total transaction of $10,390.35. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Matthew Zinn []

8×8, Inc. (NYSE:EGHT)s stock price gapped down prior to trading on Wednesday following insider selling activity. The stock had previously closed at $16.95, but opened at $16.46. 8X8 shares last traded at $16.55, with a volume of 2,107 shares traded. Specifically, CFO Samuel C. Wilson sold 2,987 shares of the stock in a transaction that []

Shares of 8×8, Inc. (NYSE:EGHT) have been given an average rating of Hold by the fourteen analysts that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have given a buy recommendation to the company. The average []

Equities research analysts expect that 8×8, Inc. (NYSE:EGHT) will announce sales of $154.88 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for 8X8s earnings, with the lowest sales estimate coming in at $153.65 million and the highest estimate coming in at $157.81 million. 8X8 posted sales of $136.69 []

Comerica Bank cut its holdings in 8×8, Inc. (NYSE:EGHT) by 5.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 102,940 shares of the technology companys stock after selling 5,690 shares during the quarter. Comerica Banks holdings in 8X8 were worth $2,409,000 []

Analysts expect that 8×8, Inc. (NYSE:EGHT) will post $0.01 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for 8X8s earnings, with the lowest EPS estimate coming in at ($0.01) and the highest estimate coming in at $0.02. 8X8 posted earnings of ($0.02) per share during []

8×8, Inc. (NYSE:EGHT) SVP Matthew Zinn sold 2,753 shares of the companys stock in a transaction dated Tuesday, November 16th. The stock was sold at an average price of $22.62, for a total value of $62,272.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the []

8×8, Inc. (NYSE:EGHT) CFO Samuel C. Wilson sold 3,446 shares of the businesss stock in a transaction on Tuesday, November 16th. The stock was sold at an average price of $22.62, for a total transaction of $77,948.52. The transaction was disclosed in a document filed with the SEC, which is available through this link. EGHT []