-
1 Comment
8x8, Inc is currently in a long term downtrend where the price is trading 5.2% below its 200 day moving average.
From a valuation standpoint, the stock is 73.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 6.8.
8x8, Inc's total revenue rose by 15.3% to $137M since the same quarter in the previous year.
Its net income has increased by 14.5% to $-40M since the same quarter in the previous year.
Finally, its free cash flow grew by 78.1% to $-9M since the same quarter in the previous year.
Based on the above factors, 8x8, Inc gets an overall score of 4/5.
ISIN | US2829141009 |
---|---|
CurrencyCode | USD |
Industry | Software-Application |
Sector | Technology |
Exchange | NASDAQ |
Beta | 1.31 |
---|---|
PE Ratio | None |
Dividend Yield | 0.0% |
Target Price | 5.83 |
Market Cap | 443M |
8x8, Inc. provides voice, video, chat, contact center, and enterprise-class application programmable interface (API) Software-as-a-Service solutions for small and mid-size businesses, mid-market and larger enterprises, government agencies, and other organizations worldwide. The company offers unified communications, team collaboration, video conferencing, contact center, data and analytics, communication APIs, and other services. It provides 8x8 Work, a self-contained end-to-end united communications solution that delivers enterprise voice with public switched telephone network connectivity, video meetings, and unified messaging, as well as direct messages, public and private team messaging rooms, and short and multimedia services; 8x8 Contact Center, a multi-channel cloud-based contact center solution; and 8x8 CPaaS, a set of global communications Platform-as-a-Service. The company also offers and X1 through X4 and X5 through X8, which provide enterprise-grade voice, unified communications, and video meetings and team collaboration, and contact center solutions. It markets its services to end users through search engine marketing and optimization, third-party lead generation sources, industry conferences, trade shows, Webinars, and digital advertising channels, as well as direct sales organization. The company was incorporated in 1987 and is headquartered in Campbell, California.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for EGHT using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024