Advertisement
Australia markets closed
  • ALL ORDS

    7,806.00
    -92.90 (-1.18%)
     
  • ASX 200

    7,555.70
    -86.40 (-1.13%)
     
  • AUD/USD

    0.6400
    -0.0026 (-0.40%)
     
  • OIL

    84.15
    +1.42 (+1.72%)
     
  • GOLD

    2,397.40
    -0.60 (-0.03%)
     
  • Bitcoin AUD

    96,800.70
    +1,259.97 (+1.32%)
     
  • CMC Crypto 200

    1,280.51
    -32.11 (-2.45%)
     
  • AUD/EUR

    0.6018
    -0.0013 (-0.22%)
     
  • AUD/NZD

    1.0885
    +0.0010 (+0.09%)
     
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,143.39
    -242.48 (-1.48%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.65%)
     

8x8 (EGHT) Surges: Stock Moves 7.2% Higher

8x8, Inc. EGHT was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 11.1% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of no increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

8x8 currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

8x8 Inc Price

8x8 Inc Price
8x8 Inc Price

8x8 Inc price | 8x8 Inc Quote

ADVERTISEMENT

Investors interested in the Internet – Software industry may consider Zendesk, Inc. ZEN, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is EGHT going up? Or down? Predict to see what others think:Up or Down

Free: Zacks’ Single Best Stock Set to Double

Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.

See 5 Stocks Set to Double>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Zendesk, Inc. (ZEN) : Free Stock Analysis Report
 
8x8 Inc (EGHT) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research