What’s eGain Corporation (EGAN) Downside After Today’s Huge Decline?

eGain Corporation (NASDAQ:EGAN) Logo

Investors sentiment decreased to 1.35 in 2019 Q2. Its down 0.25, from 1.6 in 2019Q1. It fall, as 12 investors sold eGain Corporation shares while 22 reduced holdings. 21 funds opened positions while 25 raised stakes. 23.12 million shares or 0.62% less from 23.26 million shares in 2019Q1 were reported.
Geode Limited Liability Com holds 248,561 shares or 0% of its portfolio. State Street Corporation holds 0% of its portfolio in eGain Corporation (NASDAQ:EGAN) for 379,933 shares. Dimensional Fund Advsrs Lp invested in 0% or 685,918 shares. Renaissance Limited Liability holds 0.01% or 1.50M shares. Prudential Financial holds 0% in eGain Corporation (NASDAQ:EGAN) or 28,014 shares. 18,557 are held by Invesco Limited. D E Shaw And reported 0% of its portfolio in eGain Corporation (NASDAQ:EGAN). Ameritas Invest Partners Inc holds 0% or 1,491 shares in its portfolio. 7,900 were reported by Royal Comml Bank Of Canada. 10,100 are held by Mackay Shields Lc. Ny State Common Retirement Fund stated it has 0% of its portfolio in eGain Corporation (NASDAQ:EGAN). Gsa Prtn Llp accumulated 108,503 shares. Amer Int Gp Inc owns 12,958 shares or 0% of their US portfolio. Connor Clark Lunn Inv Mgmt holds 0% or 17,900 shares in its portfolio. Legal And General Group Public Ltd reported 0% stake.

The stock of eGain Corporation (NASDAQ:EGAN) is a huge mover today! The stock decreased 4.96% or $0.4 during the last trading session, reaching $7.67. About 239,829 shares traded or 50.96% up from the average. eGain Corporation (NASDAQ:EGAN) has declined 41.36% since September 13, 2018 and is downtrending. It has underperformed by 41.36% the S&P500.
The move comes after 7 months negative chart setup for the $232.54M company. It was reported on Sep, 13 by Barchart.com. We have $7.06 PT which if reached, will make NASDAQ:EGAN worth $18.60M less.

More notable recent eGain Corporation (NASDAQ:EGAN) news were published by: Finance.Yahoo.com which released: “eGain Corp (EGAN) Files 10-K for the Fiscal Year Ended on June 30, 2019 – Yahoo Finance” on September 12, 2019, also Globenewswire.com with their article: “eGain Announces Pricing of Public Offering of Common Stock – GlobeNewswire” published on March 14, 2019, Washingtonpost.com published: “Fearful of an impending recession? Here’s what you need to know if you’re near retirement or retired. – The Washington Post” on August 19, 2019. More interesting news about eGain Corporation (NASDAQ:EGAN) were released by: Nasdaq.com and their article: “eGain (EGAN) to Report Q4 Earnings: What’s in the Cards? – Nasdaq” published on August 30, 2019 as well as Nasdaq.com‘s news article titled: “8th Annual Gateway Conference to Showcase 100+ Leading Companies in San Francisco on September 4-5, 2019 – Nasdaq” with publication date: July 31, 2019.

eGain Corporation provides cloud-based customer engagement software solutions worldwide. The company has market cap of $232.54 million. The firm offers eGain software suite, including eGain Mobile for businesses to offer engagement options in the eGain suite to mobile users. It has a 54.79 P/E ratio. It also provides Web applications comprising eGain Offers that helps businesses engage visitors on the firm Website and Facebook fan pages; eGain Virtual Assistant that enables conversational automation to engage clients across digital touch points; eGain Cobrowse that enables phone and chat reps to show clients 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.

eGain Corporation (NASDAQ:EGAN) Institutional Positions Chart

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