user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 455408 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Analyst Rating In Review: 8X8 INC Bid Up 13.4% Since Upgraded 7 Days Ago (EGHT)

Published on Fri, 03/08/2013 - 10:12
By Adrienne Chilton

One week ago 8X8 INC (NASDAQ:EGHT) was upgraded from Market Perform to Outperform at Northland Securities. 8X8 INC shares are selling at $6.86, 13.4% above the $6.05 price point of one week ago.

8x8, Inc. provides voice-over-Internet protocol creation platforms, hosted Internet PBX solutions, voice and video semiconductors, and related software. The Company offers service providers the tools to create next-generation Internet protocol network services, while providing telecommunications manufacturers with embedded technology, software stacks, and reference designs.

Over the past year, 8X8 INC has traded in a range of $2.55 to $7.95 and is now at $6.78, 166% above that low. The 200-day and 50-day moving averages have moved 0.95% higher and 0.67% lower over the past week, respectively.

8X8 INC has overhead space with shares priced $6.78, or 19.2% below the average consensus analyst price target of $8.40. The stock should find resistance at its 50-day moving average (MA) of $7.05, as well as support at its 200-day MA of $6.00.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

UBS Made the Right Call, ArcelorMittal 4...

UBS upgraded ArcelorMittal (NYSE:MT) from Sell to Buy a week ago. The stock closed at ...

Relatively Good Performance Detected in ...

We looked at the Tobacco industry and measured relative performance to find the top sto ...

Shares of Ocwen Financial Rank the Highe...

Here are the top 5 stocks in the Thrifts & Mortgage Finance industry ranked by performa ...

Best Relative Performance in the Systems...

We looked at the Systems Software industry and measured relative performance to find th ...

Top 5 Companies in the Steel Industry wi...

Below are the top five companies in the Steel industry as measured by relative performa ...

FelCor Lodging Trust is Among the Compan...

Here are the top 5 stocks in the Specialized REITs industry ranked by performance. We ...

Amkor Technology has the Best Relative P...

We looked at the Semiconductor Equipment industry and measured relative performance to ...

DDR has the Best Relative Performance in...

Below are the top five companies in the Retail REITs industry as measured by relative p ...