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8X8 INC Up 17.0% Since SmarTrend Uptrend Call (EGHT)
Jan 16, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for 8X8 INC (NASDAQ:EGHT) on October 26th, 2012 at $6.75. In approximately 3 months, 8X8 INC has returned 17.04% as of today's recent price of $7.90.
In the past 52 weeks, 8X8 INC share prices have been bracketed by a low of $2.55 and a high of $7.92 and are now at $7.90, 210% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 1.0%.
8x8, Inc. provides voice-over-Internet protocol creation platforms, hosted Internet PBX solutions, voice and video semiconductors, and related software. The Company offers service providers the tools to create next-generation Internet protocol network services, while providing telecommunications manufacturers with embedded technology, software stacks, and reference designs.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of 8X8 INC shares.Log in and add 8X8 INC (EGHT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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