News coverage about eGain (NASDAQ:EGAN) has been trending somewhat positive on Friday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. eGain earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.9751583500174 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several research analysts have issued reports on the stock. Zacks Investment Research lowered shares of eGain from a “hold” rating to a “sell” rating in a research report on Tuesday, March 20th. ValuEngine upgraded shares of eGain from a “sell” rating to a “hold” rating in a research report on Tuesday, February 13th. Benchmark upgraded shares of eGain from a “hold” rating to a “buy” rating and set a $8.00 price target on the stock in a research report on Friday, February 9th. Roth Capital initiated coverage on shares of eGain in a research report on Wednesday, January 17th. They set a “buy” rating and a $8.00 price objective on the stock. Finally, Dougherty & Co reiterated a “buy” rating on shares of eGain in a research report on Monday, December 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $6.00.
NASDAQ EGAN opened at $8.15 on Friday. eGain has a twelve month low of $1.30 and a twelve month high of $8.50. The company has a debt-to-equity ratio of -0.64, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market cap of $212.82, a price-to-earnings ratio of -37.05 and a beta of -0.54.
In other eGain news, CFO Eric Smit sold 7,500 shares of eGain stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $5.47, for a total transaction of $41,025.00. Following the completion of the sale, the chief financial officer now owns 259,262 shares of the company’s stock, valued at approximately $1,418,163.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 27,500 shares of company stock valued at $198,750 in the last three months. Company insiders own 39.00% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect eGain (EGAN) Share Price” was first reported by BBNS and is owned by of BBNS. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://baseballnewssource.com/2018/04/06/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-egain-egan-share-price/2029552.html.
eGain Corporation (eGain) provides cloud-based and on-site customer engagement software solutions. The Company 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.
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