Egain Stock Price on May 9, 2024

EGAN Stock  USD 6.17  0.24  4.05%   
Below is the normalized historical share price chart for eGain extending back to September 23, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EGain stands at 6.17, as last reported on the 1st of June, with the highest price reaching 6.40 and the lowest price hitting 6.00 during the day.
IPO Date
23rd of September 1999
200 Day MA
6.6918
50 Day MA
6.2522
Beta
0.552
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in EGain Stock, it is important to understand the factors that can impact its price. We consider EGain somewhat reliable. eGain secures Sharpe Ratio (or Efficiency) of 0.0141, which denotes the company had a 0.0141% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for eGain, which you can use to evaluate the volatility of the firm. Please confirm EGain's Risk Adjusted Performance of 0.0229, mean deviation of 1.62, and Semi Deviation of 2.76 to check if the risk estimate we provide is consistent with the expected return of 0.0367%.
  
At this time, EGain's Total Stockholder Equity is very stable compared to the past year. As of the 1st of June 2024, Liabilities And Stockholders Equity is likely to grow to about 157.1 M, while Common Stock Shares Outstanding is likely to drop about 20.4 M. . At this time, EGain's Price Earnings Ratio is very stable compared to the past year. As of the 1st of June 2024, Price To Operating Cash Flows Ratio is likely to grow to 48.95, while Price To Sales Ratio is likely to drop 2.67. EGain Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0141

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Negative ReturnsEGAN

Estimated Market Risk

 2.6
  actual daily
23
77% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average EGain is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EGain by adding it to a well-diversified portfolio.
Price Book
2.9104
Enterprise Value Ebitda
14.9831
Price Sales
2.026
Shares Float
14.9 M
Wall Street Target Price
9

EGain Main Headline on 9th of May 2024

eGain Communications beats earnings expectations in Q3 and announces financial guidance for fiscal year 2024, including revenue projections and net income...

EGain Valuation on May 9, 2024

It is possible to determine the worth of EGain on a given historical date. On May 9, 2024 EGain was worth 6.35 at the beginning of the trading date compared to the closed value of 6.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EGain stock. Still, in general, we apply an absolute valuation method to find EGain's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of EGain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EGain's related companies.
 Open High Low Close Volume
  6.30    6.46    6.30    6.39    57,168  
05/09/2024
  6.35    6.67    6.35    6.62    122,057  
  6.51    6.68    5.55    5.79    168,766  
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Open Value
6.35
6.62
Closing Value
14.14
Upside

EGain Trading Date Momentum on May 9, 2024

On May 10 2024 eGain was traded for  5.79  at the closing time. The top price for the day was 6.68  and the lowest listed price was  5.55 . The trading volume for the day was 168.8 K. The trading history from May 10, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 12.54% . The trading date delta against the current closing price is 5.59% .

eGain Fundamentals Correlations and Trends

By evaluating EGain's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among EGain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EGain financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About EGain Stock history

EGain investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for EGain is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in eGain will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing EGain stock prices may prove useful in developing a viable investing in EGain
Last ReportedProjected for Next Year
Common Stock Shares Outstanding37.7 M20.4 M
Net Income Applicable To Common Shares2.4 M2.5 M

EGain Quarterly Net Working Capital

49.27 Million

EGain Stock Technical Analysis

EGain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of EGain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EGain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

EGain Period Price Range

Low
May 9, 2024
0.27  4.25%
High

 6.35 

     

 6.62 

EGain June 1, 2024 Market Strength

Market strength indicators help investors to evaluate how EGain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EGain shares will generate the highest return on investment. By undertsting and applying EGain stock market strength indicators, traders can identify eGain entry and exit signals to maximize returns

EGain Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for EGain's price direction in advance. Along with the technical and fundamental analysis of EGain Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EGain to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether eGain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EGain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Egain Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Egain Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eGain. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.
Note that the eGain information on this page should be used as a complementary analysis to other EGain's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for EGain Stock analysis

When running EGain's price analysis, check to measure EGain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EGain is operating at the current time. Most of EGain's value examination focuses on studying past and present price action to predict the probability of EGain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EGain's price. Additionally, you may evaluate how the addition of EGain to your portfolios can decrease your overall portfolio volatility.
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Is EGain's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EGain. If investors know EGain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EGain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Earnings Share
0.28
Revenue Per Share
3.03
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0376
The market value of eGain is measured differently than its book value, which is the value of EGain that is recorded on the company's balance sheet. Investors also form their own opinion of EGain's value that differs from its market value or its book value, called intrinsic value, which is EGain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EGain's market value can be influenced by many factors that don't directly affect EGain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EGain's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.