The stock of eGain Corp (NASDAQ:EGAN) is a huge mover today! The stock increased 6.52% or $0.15 on November 29, hitting $2.45. About 68,019 shares traded hands or 147.00% up from the average. eGain Corp (NASDAQ:EGAN) has declined 38.99% since April 26, 2016 and is downtrending. It has underperformed by 44.25% the S&P500.
The move comes after 7 months positive chart setup for the $64.99M company. It was reported on Nov, 29 by Barchart.com. We have $2.60 PT which if reached, will make NASDAQ:EGAN worth $3.90 million more.
Analysts await eGain Corp (NASDAQ:EGAN) to report earnings on February, 2. They expect $-0.05 earnings per share, 0.00% or $0.00 from last year’s $-0.05 per share. After $-0.09 actual earnings per share reported by eGain Corp for the previous quarter, Wall Street now forecasts -44.44% EPS growth.
eGain Corp (NASDAQ:EGAN) Ratings Coverage
Out of 4 analysts covering eGain Comm. (NASDAQ:EGAN), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. eGain Comm. has been the topic of 6 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was downgraded by Ladenburg Thalmann to “Neutral” on Thursday, November 10. Ladenburg Thalmann downgraded eGain Corp (NASDAQ:EGAN) on Monday, May 9 to “Neutral” rating. The rating was maintained by Benchmark on Friday, September 9 with “Hold”. Craig Hallum downgraded the shares of EGAN in a report on Tuesday, August 4 to “Hold” rating. The firm has “Buy” rating by Ladenburg Thalmann given on Friday, September 9. The stock of eGain Corp (NASDAQ:EGAN) earned “Buy” rating by Needham on Friday, September 11.
According to Zacks Investment Research, “eGain Corporation provides customer engagement solutions. It offers web customer interaction applications, social customer interaction applications and contact center applications. The company also provides consulting, implementation and training services as well as maintenance and support services. eGain Corporation, formerly known as eGain Communications Corporation, is headquartered in Sunnyvale, California.”
Insitutional Activity: The institutional sentiment increased to 2 in Q2 2016. Its up 0.67, from 1.33 in 2016Q1. The ratio improved, as 1 funds sold all eGain Corp shares owned while 5 reduced positions. 2 funds bought stakes while 6 increased positions. They now own 14.53 million shares or 1.79% more from 14.28 million shares in 2016Q1.
Millennium Management Limited Liability Corp accumulated 14,443 shares or 0% of the stock. Geode Cap Mgmt Ltd Limited Liability Company holds 65,700 shares or 0% of its portfolio. Deutsche Bank Ag last reported 0% of its portfolio in the stock. Tower Rech Cap Limited Liability Company (Trc) accumulated 735 shares or 0% of the stock. Renaissance Ltd, a New York-based fund reported 56,500 shares. Manufacturers Life Insur The has 0% invested in the company for 1,622 shares. Moreover, Financial Bank Of America Corp De has 0% invested in eGain Corp (NASDAQ:EGAN) for 1,427 shares. Financial Bank Of Montreal Can owns 8.41M shares or 0.03% of their US portfolio. Blackrock Fund Advsr owns 42,582 shares or 0% of their US portfolio. Blackrock Advsrs Limited Liability Co last reported 0% of its portfolio in the stock. Nokomis Capital Limited Com has 1.01% invested in the company for 1.69 million shares. Moreover, Goldman Sachs Gp has 0% invested in eGain Corp (NASDAQ:EGAN) for 54,043 shares. Blackrock Inv Ltd Company holds 2,729 shares or 0% of its portfolio. Oaktop Capital Mngmt Ii L P owns 2.04M shares or 1.39% of their US portfolio. Spark Mgmt Ltd has invested 0% of its portfolio in eGain Corp (NASDAQ:EGAN).
Another recent and important eGain Corp (NASDAQ:EGAN) news was published by Quotes.Wsj.com which published an article titled: “News eGain Corp.EGAN” on February 22, 2011.
EGAN Company Profile
eGain Corporation (eGain), incorporated on September 10,1997, provides cloud and on-site customer engagement software solutions. The Firm optimizes service processes across the Web, social and phone channels. The Company’s solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies. The Firm provides analytics capability to various contact centers for intra-day resource measurement and management, managing operational agility, and agent productivity. The Firm is engaged in the development, license, implementation and support of customer service infrastructure software solutions. The Firm offers eGain solution, which is designed for B2C businesses to do business with their customers. The Firm has activities in the United States, the United Kingdom and India.
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