8X8 Inc (NASDAQ:EGHT) currently has a daily average trading volume of 1.33M but it saw 1555769 shares traded in last market. With a market cap of 243.41M USD, the company’s current market price of $1.81 came falling about -2.69 while comparing to the previous closing price of $1.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.52 and as low as $1.51.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Mizuho which downgraded the stock as “Underperform” in its note to investors issued on December 13, 2024, recommending a price target of between $2.75 and $2.50 for it. Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on June 14, 2024 while assigning a price target range of $3-$2. Craig Hallum issued its recommendations for the stock as it upgraded the price target for the stock is $4.50.
Over the week, EGHT’s stock price is moving 3.43% up while it is -7.18% when we observe its performance for the past one month. Year-to-date it is -32.21% down and over the past year, the stock is showing a downside performance of -30.38%.
Currently, 8X8 Inc’s total number of outstanding shares is 134.36M. Company’s return on investment (ROI) stands at -5.34% and return on equity (ROE) at -24.28%. It has a 5.40 of forward P/E ratio. Stock’s beta reads 1.79. Stock has a price to book (P/B) ratio of 1.99 while price to sale or P/S ratio amounts to 0.34. Its return on asset (ROA) is -3.78% on average.
