8X8 Inc (EGHT) concluded trading on Thursday at a closing price of $2.16, with 0.44 million shares of worth about $0.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.59% during that period and on July 03, 2025 the price saw a gain of about 1.89%. Currently the company’s common shares owned by public are about 134.36M shares, out of which, 129.42M shares are available for trading.
Stock saw a price change of 16.13% in past 5 days and over the past one month there was a price change of 27.81%. Year-to-date (YTD), EGHT shares are showing a performance of -2.70% which decreased to -19.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.51 but also hit the highest price of $3.52 during that period. The average intraday trading volume for 8X8 Inc shares is 1.48 million. The stock is currently trading 16.04% above its 20-day simple moving average (SMA20), while that difference is up 20.31% for SMA50 and it goes to -5.28% lower than SMA200.
8X8 Inc (NASDAQ: EGHT) currently have 134.36M outstanding shares and institutions hold larger chunk of about 80.80% of that.
The stock has a current market capitalization of $291.80M and its 3Y-monthly beta is at 1.85. It has posted earnings per share of -$0.21 in the same period. It has Quick Ratio of 1.02 while making debt-to-equity ratio of 3.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EGHT, volatility over the week remained 5.58% while standing at 5.27% over the month.
Stock’s fiscal year EPS is expected to drop by -3.82% while it is estimated to increase by 14.17% in next year. EPS is likely to shrink at an annualized rate of 4.85% for next 5-years, compared to annual growth of 34.38% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on December 13, 2024 offering an Underperform rating for the stock and assigned a target price range of between $2.75 and $2.50 to it. Coverage by Morgan Stanley stated 8X8 Inc (EGHT) stock as an Underweight in their note to investors on June 14, 2024, suggesting a price target of $2 for the stock. On November 02, 2023, Craig Hallum Upgrade their recommendations, while on August 09, 2023, Craig Hallum Downgrade their ratings for the stock with a price target of $4. Stock get a Buy rating from Rosenblatt on March 24, 2023.
