Shares of eGain Communications Co. (EGAN) hit a new 52-week high on Monday. The stock traded as high as $9.48 during mid-day trading and last traded at $8.93. The stock previously closed at $9.00.
A number of equities research firms have also recently weighed in on the stock. Analysts at Ladenburg Thalmann initiated coverage on shares of eGain Communications in a research note to investors on Thursday, October 13rd. They set a “buy” rating and a $7.20 price target on the stock.
eGain Communications Corporation (eGain) provides multichannel customer service and knowledge management software for in-house or cloud deployment. The Company�s application suite, eGain Service, is available through both licensed and hosted models. It includes integrated applications for social customer service, Web self-service, e-mail management, paper and fax management, chat, co-browsing, short message service (SMS), call tracking and resolution, proactive notifications, cross-channel knowledge management, case management and service fulfillment. These robust applications are built on the eGain OpenCIH platform. The eGain OpenCIH platform enables end-to-end service process management and multichannel, multisite contact center management, and includes certified out of the box integrations with call center, content and business systems.
eGain Communications Co. has a 52 week low of $0.65 and a 52 week high of $5.02. The stock’s 50-day moving average is $4.26 and its 200-day moving average is $3.30. The company has a market cap of $218.1 million and a price-to-earnings ratio of 25.71.
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