The stock of eGain Corp (NASDAQ: EGAN) has increased by 14.63 when compared to last closing price of 5.40.Despite this, the company has seen a gain of 13.37% in its stock price over the last five trading days. zacks.com reported 2024-12-26 that eGain (EGAN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
Is It Worth Investing in eGain Corp (NASDAQ: EGAN) Right Now?
eGain Corp (NASDAQ: EGAN) has a price-to-earnings ratio that is above its average at 32.96x. The stock has a 36-month beta value of 0.45. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for EGAN is 18.49M, and at present, short sellers hold a 1.70% of that float. On December 27, 2024, the average trading volume of EGAN was 60.12K shares.
EGAN’s Market Performance
The stock of eGain Corp (EGAN) has seen a 13.37% increase in the past week, with a 15.92% rise in the past month, and a 22.09% gain in the past quarter. The volatility ratio for the week is 6.74%, and the volatility levels for the past 30 days are at 5.37% for EGAN. The simple moving average for the past 20 days is 10.65% for EGAN’s stock, with a 3.21% simple moving average for the past 200 days.
Analysts’ Opinion of EGAN
Needham, on the other hand, stated in their research note that they expect to see EGAN reach a price target of $12, previously predicting the price at $15. The rating they have provided for EGAN stocks is “Buy” according to the report published on May 12th, 2021.
EGAN Trading at 15.55% from the 50-Day Moving Average
After a stumble in the market that brought EGAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.35% of loss for the given period.
Volatility was left at 5.37%, however, over the last 30 days, the volatility rate increased by 6.74%, as shares surge +18.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.80% upper at present.
During the last 5 trading sessions, EGAN rose by +13.37%, which changed the moving average for the period of 200-days by -3.43% in comparison to the 20-day moving average, which settled at $5.59. In addition, eGain Corp saw -25.69% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EGAN starting from SMIT ERIC, who sale 1,461 shares at the price of $5.01 back on Nov 21 ’24. After this action, SMIT ERIC now owns 129,187 shares of eGain Corp, valued at $7,320 using the latest closing price.
ERIC SMIT, the Officer of eGain Corp, proposed sale 1,461 shares at $5.01 during a trade that took place back on Nov 21 ’24, which means that ERIC SMIT is holding shares at $7,320 based on the most recent closing price.
Stock Fundamentals for EGAN
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.69 for the gross margin
The net margin for eGain Corp stands at 0.08. The total capital return value is set at 0.08. Equity return is now at value 9.72, with 4.90 for asset returns.
Currently, EBITDA for the company is 12.7 million with net debt to EBITDA at -9.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.25. The receivables turnover for the company is 3.92for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.
Conclusion
To sum up, eGain Corp (EGAN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
