• 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 = 496608 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1417239394 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1417239394 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

8X8 INC Makes a Move: Down 1.4%

Published on Thu, 05/09/2013 - 12:31
By Peter Chu

8X8 INC (NASDAQ:EGHT) is a company whose shares are active, trading 1.4% lower to $7.55. The S&P is currently trading fractionally lower to 1,629 and the Dow Jones Industrial Average is trading fractionally lower to 15,101.

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 $7.55, 196% above that low. The 200-day and 50-day moving averages have moved 0.66% higher and 1.16% higher over the past week, respectively.

Potential upside of 12.3% exists for 8X8 INC, based on a current level of $7.55 and analysts' average consensus price target of $8.48. The stock should find initial support at its 50-day moving average (MA) of $6.95 and further support at its 200-day MA of $6.61.

By Peter Chu
pchu@fnno.com

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