8×8, Inc. (NASDAQ:EGHT) trading capacity remained 0.81 million shares during the last session. However, the volume average of the last three months is 0.87 million shares. The stock opened the day at $13.3, and settled at $13.05 by the end to experience a -2.97% change.8×8, Inc. (EGHT) Analyst Opinion
8×8, Inc. has a consensus outperform rating from 11 Wall Street analysts, and the number of shares currently sold short amount to at least 2.32% of shares outstanding. The stock sank -9.37% last month and is down -8.74 this year. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover EGHT having a buy-equivalent rating. Analysts have placed a $17.6 price target on 8×8, Inc., suggesting a 34.87% gain from recent close. It’s currently trading about -22.32% below its 52-week high.8×8, Inc. Earnings Surprise
8×8, Inc. (EGHT) failed to surprise the stock market in its last reported earnings when it earned $0.02 a piece versus the consensus-estimated $0.03. Its revenue totaled $68.57 million up 3.13% from the previous quarter.
This stock (EGHT) is ahead of its 52-week low with 26.7%. Its last month’s stock price volatility remained 4.45% which for the week stands at 4.69%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.41% and stays -7.79% away from its 50 days moving average. Over the last five days, shares have faced -2.97% losses and now is down -9.89% since hitting its 200-day moving average of $14.46. 8×8, Inc. (EGHT) has made its way to a 12-month decline of -3.62%.
Turning to Nordic American Tankers Limited (NYSE:NAT), its shares were trading at $5.38 a retreat of $-0.21, on the trading floor. The stock, after opening at $5.44, touched a high of $5.48 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3.7. Nordic American Tankers Limited has 0 buy ratings, 6 holds and 3 sells even after the stock tumbled -56.82% from its high of $12.46 to a $542.79 million market value through last close.Nordic American Tankers Limited (NAT) Consensus Price Target
The company’s consensus rating on Reuter’s scale improved from 3.6 to 3.7 during a month. Analysts set a 12-month price target of $6.4 a share. The target implies a 18.96% spike from where the shares are currently trading. Also, the current price highlights a discount of 20.82% to analysts’ high consensus price target.Nordic American Tankers Limited (NYSE:NAT) Intraday Trading
The counter witnessed a trading volume of 1.29 million shares versus an average volume of 1.18 million shares during last trading session. Its last month’s stock price volatility remained 3.9% which for the week approaches 3.38%. The lowest price the stock reached in the last trading day was $5.31 and compares with the $5.31 52-week low. The stock recovered -0.19% since its low point and has performed -35.95% year-to-date.