eGain (EGAN) Getting Somewhat Positive News Coverage, Analysis Shows
Press coverage about eGain (NASDAQ:EGAN) has trended somewhat positive recently, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. eGain earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.9541516670829 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have effected Accern’s rankings:
- eGain Corporation (NASDAQ:EGAN) Shares Stepping Up 5.45% For the Week (baycityobserver.com)
- Top Gainer of Wednesday: eGain Corporation (EGAN) stock price finalizes at $15.25 with positive performance of 5.17% (topdesertsafari.com)
- Surging Activity- Netlist, Inc. (NASDAQ:NLST), eGain Corporation (NASDAQ:EGAN), Farmmi, Inc. (NASDAQ:FAMI) (journalfinance.net)
- Seeing Active Stock of Yesterday— eGain Corporation (EGAN) (stockmarketstop.com)
- Volatile Technology Stocks to Watch- Canadian Solar Inc. (NASDAQ:CSIQ), eGain Corporation (NASDAQ:EGAN … (journalfinance.net)
A number of brokerages have commented on EGAN. BidaskClub downgraded shares of eGain from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 23rd. Zacks Investment Research upgraded shares of eGain from a “hold” rating to a “strong-buy” rating and set a $15.00 price target for the company in a research note on Friday, June 22nd. ValuEngine cut shares of eGain from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 2nd. Roth Capital raised their target price on shares of eGain from $11.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday, June 7th. Finally, Benchmark raised their price objective on shares of eGain from $8.00 to $12.00 and gave the company a “buy” rating in a research note on Tuesday, May 8th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $12.60.
In other eGain news, CFO Eric Smit sold 8,450 shares of the business’s stock in a transaction on Friday, June 8th. The shares were sold at an average price of $13.52, for a total transaction of $114,244.00. Following the completion of the sale, the chief financial officer now owns 145,187 shares in the company, valued at $1,962,928.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 39.00% of the stock is owned by insiders.
eGain Company Profile
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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