eGain Corporation (NASDAQ:EGAN - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.58 and traded as high as $6.98. eGain shares last traded at $6.92, with a volume of 63,443 shares.
Analyst Ratings Changes
Separately, Wall Street Zen cut eGain from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th.
Get Our Latest Report on eGain
eGain Stock Performance
The stock has a market capitalization of $184.89 million, a price-to-earnings ratio of 75.11 and a beta of 0.41. The company has a 50 day moving average of $5.86 and a 200 day moving average of $5.60.
eGain (NASDAQ:EGAN - Get Free Report) last released its earnings results on Wednesday, May 14th. The technology company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. eGain had a return on equity of 5.24% and a net margin of 3.30%. The firm had revenue of $21.01 million during the quarter, compared to analysts' expectations of $21.24 million. As a group, research analysts expect that eGain Corporation will post 0.05 EPS for the current fiscal year.
Institutional Trading of eGain
A number of institutional investors have recently bought and sold shares of the business. Strs Ohio purchased a new stake in eGain during the 1st quarter worth about $250,000. Acadian Asset Management LLC lifted its holdings in eGain by 0.7% during the 1st quarter. Acadian Asset Management LLC now owns 980,840 shares of the technology company's stock worth $4,753,000 after buying an additional 6,429 shares during the last quarter. Jane Street Group LLC lifted its holdings in eGain by 53.7% during the 1st quarter. Jane Street Group LLC now owns 47,726 shares of the technology company's stock worth $231,000 after buying an additional 16,678 shares during the last quarter. Nuveen LLC purchased a new stake in eGain during the 1st quarter worth about $296,000. Finally, Jefferies Financial Group Inc. purchased a new stake in eGain during the 1st quarter worth about $83,000. 53.94% of the stock is owned by hedge funds and other institutional investors.
About eGain
(
Get Free Report)
eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.
Featured Stories
Before you consider eGain, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and eGain wasn't on the list.
While eGain currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
