News headlines about eGain (NASDAQ:EGAN) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. eGain earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.8107099149864 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
EGAN has been the subject of several research reports. Zacks Investment Research downgraded eGain from a “hold” rating to a “sell” rating in a research note on Tuesday, March 20th. ValuEngine upgraded eGain from a “sell” rating to a “hold” rating in a research note on Tuesday, February 13th. Finally, Benchmark upgraded eGain from a “hold” rating to a “buy” rating and set a $8.00 target price for the company in a research note on Friday, February 9th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. eGain presently has a consensus rating of “Buy” and a consensus target price of $7.00.
Shares of EGAN traded down $0.30 during trading hours on Friday, hitting $10.50. The stock had a trading volume of 3,196 shares, compared to its average volume of 186,497. The company has a debt-to-equity ratio of -0.75, a current ratio of 0.65 and a quick ratio of 0.59. The company has a market cap of $291.94 million, a PE ratio of -47.50 and a beta of -0.53. eGain has a 1-year low of $10.60 and a 1-year high of $10.75.
In related news, CFO Eric Smit sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $7.81, for a total value of $58,575.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Gunjan Sinha sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, May 9th. The shares were sold at an average price of $9.92, for a total transaction of $396,800.00. Following the completion of the transaction, the director now directly owns 1,006,003 shares in the company, valued at approximately $9,979,549.76. The disclosure for this sale can be found here. In the last ninety days, insiders sold 57,500 shares of company stock worth $535,375. 39.00% of the stock is owned by insiders.
eGain Corporation provides cloud-based customer engagement software solutions worldwide. The company offers eGain software suite, including eGain Mobile for businesses to offer engagement options in the eGain suite to mobile users. It also provides Web applications comprising eGain Offers that helps businesses engage visitors on the company Website and Facebook fan pages; eGain Virtual Assistant that enables conversational automation to engage customers across digital touch points; eGain Cobrowse that enables phone and chat reps to show customers around the Website, help locate information, and hand-hold them during complex tasks; eGain Super Chat for Website visitors to conduct chats with agents; eGain ClickToCall provides Website visitors the ability to request a callback; and eGain SelfService to support customer self-service options.
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