Revenues Working Against 8×8, Inc.’s (NASDAQ:EGHT) Share Price
You may think that with a price-to-sales (or “P/S”) ratio of 0.4x 8×8, Inc. (NASDAQ:EGHT) is definitely a stock worth checking out, seeing as almost half of all the Software companies in the United States have P/S ratios greater than 5.3x and even P/S above 14x aren’t out of the ordinary. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly reduced P/S.
View our latest analysis for 8×8
What Does 8×8’s Recent Performance Look Like?
8×8 hasn’t been tracking well recently as its declining revenue…
