|Bid||5.30 x 1300|
|Ask||5.30 x 2900|
|Day's Range||5.11 - 5.32|
|52 Week Range||5.11 - 28.34|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
8x8 (EGHT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
The heavy selling pressure might have exhausted for 8x8 (EGHT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
8x8, Duck Creek Technologies, Paycom Software and Veeva Systems have been included in this Analyst Blog.