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

Vale: New 52-Week Low Set Today (VALE)...

Shares of Vale (NASDAQ:VALE) traded at a new 52-week low today of $11.98. This new low ...

Shares of United Therapeutics Rise to a ...

United Therapeutics (NASDAQ:UTHR) traded today at a new 52-week high of $131.97. Appro ...

Shares of UQM Technologies Fall to a New...

UQM Technologies (AMEX:UQM) traded at a new 52-week low today of $1.18. This new low w ...

United Bankshares: 52-Week High Recently...

United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.60. So far t ...

Trimas: The Losing Streak Continues (TRS...

Trimas (NYSE:TRS) traded at a new 52-week low today of $29.71. This new low was reache ...

TransCanada Looks to Continue to Trade A...

TransCanada (NYSE:TRP) traded today at a new 52-week high of $58.40. So far today appr ...

Recent 52-Week High Exceeded in Shares o...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $50.77. This new h ...

Talisman Energy: New 52-Week Low Set Tod...

Talisman Energy (NYSE:TLM) traded at a new 52-week low today of $9.21. Approximately 5 ...