MENU
Go to the list of all blogs
Niko Sharks's Avatar
published in Blogs
Nov 28, 2023

Voice Industry Stocks($EGHT, $CNSL, $AUDC, $KVHI, $CMTL...) Soar with Impressive Monthly Gains 23.07%πŸ“ˆ

The voice industry, pivotal in today's digital communication landscape, includes companies that develop technologies for voice communication over the internet. This sector has become increasingly important as applications like WhatsApp, Skype, and Facetime gain widespread usage. Key players in this market include Audiocodes, Nuance Communications Inc., and 8X8 Inc., each contributing uniquely to the evolving voice technology landscape.

🌐Tickers in Industry - $EGHT, $CNSL, $AUDC, $KVHI, $CMTL

Market Capitalization Insights

The voice technology sector demonstrates significant diversity in market capitalization, averaging at 325.3M across the industry. Nuance Communications Inc. (NUAN) leads with a staggering 17.9B valuation, while the smallest, OHGI, stands at 2.4M. This variance highlights the dynamic range of company sizes within this theme.

Price Movements and Growth

The voice technology theme has witnessed a notable average monthly price growth of 23.03%, despite a slight decline in the quarterly figures. Audiocodes (AUDC) showed the most substantial growth at 7.15%, while 8X8 Inc. (EGHT) saw a decline of -8.18%. These fluctuations are indicative of the vibrant and ever-changing nature of the voice technology market.

Key Developments

  • 8x8 (EGHT) experienced significant volatility, being a top weekly gainer in late June with a +11.51% jump, yet facing a steep fall of -18.73% in September.
  • Consolidated Communications Holdings (CNSL) emerged as a top performer in early April, with a remarkable weekly rise of +18.22%.

Trading Volume Trends

The trading volume for voice technology stocks has seen a downward trend, with an average quarterly volume drop of -81%. However, there have been instances of dramatic increases in daily volumes, such as:

  • Consolidated Communications Holdings experienced a consecutive five-day volume increase, averaging a daily gain of 181%.
  • Both KVH Industries and 8x8 saw record-breaking daily volume growths of 236% and 1,005%, respectively, on the same day in mid-September.

The voice technology sector has shown impressive growth over the last month, marked by significant gains in stock prices and notable fluctuations in market capitalization and trading volumes. This sector, powered by leading companies like Audiocodes, Nuance Communications Inc., and 8X8 Inc., continues to be a vibrant and dynamic part of the tech industry, reflecting the ever-growing importance of voice communication technologies in the digital age.

EGHTΒ :Β EGHT's trading outlook has taken a bearish turn, as revealed by the Aroon Indicator on October 23, 2023. Analyzed by Tickeron's A.I.dvisor, the indicator shows a worrisome pattern: the AroonDown (red) line surpassing 70, while the AroonUp (green) line remains below 30 for three consecutive days. Historically, this pattern has often preceded a downward trajectory. Out of 287 similar occurrences, 256 resulted in a drop in the stock's price, translating to an 89% probability of a continued decline. This trend suggests that traders might consider strategies like selling their holdings or exploring put options to mitigate potential losses.

CNSLΒ :Β CNSL's trading outlook indicates a potential shift as its 10-day RSI Oscillator exited the overbought zone on November 7, 2023. This movement could signal a transition from an upward to a downward trend. Tickeron's A.I.dvisor analyzed 20 similar instances of this indicator shift, finding that in 18 cases, the stock's price declined shortly after. With a 90% probability of a downward movement based on historical data, traders might consider strategies such as selling their shares or opting for put options to prepare for possible decreases in the stock's value.

AUDCΒ :Β AUDC's recent price movement has triggered a potential sell signal as it surpassed its upper Bollinger Band on November 22, 2023. Typically, this breach signals an overextended price movement, often followed by a reversion towards the middle band, indicating a downward trend. Investors and traders might contemplate strategies such as selling their shares or considering put options. Tickeron's A.I.dvisor analyzed 41 comparable instances and found that in 39 cases, the stock price declined following such a breakout. This historical pattern suggests a high probability, approximately 90%, of AUDC experiencing a similar price drop.

Related Ticker: EGHT, CNSL, AUDC, KVHI, CMTL

EGHT's Indicator enters downward trend

The Aroon Indicator for EGHT entered a downward trend on March 24, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 280 similar instances where the Aroon Indicator formed such a pattern. In of the 280 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EGHT as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The 10-day moving average for EGHT crossed bearishly below the 50-day moving average on February 28, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EGHT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for EGHT just turned positive on March 20, 2025. Looking at past instances where EGHT's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EGHT advanced for three days, in of 256 cases, the price rose further within the following month. The odds of a continued upward trend are .

EGHT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. EGHT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.016) is normal, around the industry mean (30.873). EGHT has a moderately high P/E Ratio (834.511) as compared to the industry average of (159.445). Projected Growth (PEG Ratio) (0.554) is also within normal values, averaging (2.727). Dividend Yield (0.000) settles around the average of (0.032) among similar stocks. P/S Ratio (0.502) is also within normal values, averaging (59.201).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EGHT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Intuit (NASDAQ:INTU), Uber Technologies (NYSE:UBER), SERVICENOW (NYSE:NOW), Shopify Inc (NYSE:SHOP), Palo Alto Networks Inc (NASDAQ:PANW), CrowdStrike Holdings (NASDAQ:CRWD).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 12.15B. The market cap for tickers in the group ranges from 291 to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -3%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was 10%. ICCT experienced the highest price growth at 415%, while LGMK experienced the biggest fall at -82%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 30%. For the same stocks of the Industry, the average monthly volume growth was 25% and the average quarterly volume growth was 135%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 70
Price Growth Rating: 62
SMR Rating: 78
Profit Risk Rating: 88
Seasonality Score: -11 (-100 ... +100)
View a ticker or compare two or three
EGHT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of voice over internet protocol solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
675 Creekside Way
Phone
+1 408 727-1885
Employees
1921
Web
https://www.8x8.com
Ad is loading...
"πŸš€ PHAXIAM Therapeutics SA Skyrockets +18.82%! Dive into this biotech penny stock's stellar week and the industry's broader movements. πŸ“ˆπŸ”¬
Explore annualized returns of +110% for Day Traders and +50% for Swing Traders using Price Action Trading Strategies (TA&FA) on popular managed healthcare stocks like $BIOS $CI $CNC $ELV $HUM $MOH $UNH. Stay updated on the 1-week change of +3% in this dynamic market.
The ethanol industry encompasses a diverse range of business activities, primarily focusing on the production of ethanol and sugar. Beyond these core products, companies within this theme also engage in the development of related assets, such as fuel storage tanks.
Cisco Systems set to soar! πŸš€ A.I. predicts +4% growth in the coming month. Is CSCO the next big move in your portfolio? πŸ“ˆπŸ’°
#trading
The Office Equipment/Supplies sector has emerged as a standout performer in recent times, posting an impressive 6.13% increase in its performance over the past week. This surge in performance is supported by a group of tickers, including $ACTG, $SCS,Β $HNI, $EBF, and $ACCO, which have collectively displayed a positive outlook. In this article, we will delve into the theme of this sector and analyze the group of tickers within it that are driving this positive momentum.
"IBM Skyrockets: +15.54% Quarterly Jump! Dive into the data behind this tech titan's remarkable rally. πŸ“ˆπŸš€"
#investment#trading
The pharmaceutical sector is known for its dynamic nature, with companies often experiencing rapid shifts in performance and sentiment. In the past week, pharmaceutical companies, as represented by a group of tickers including RPRX, CALT, INZY, and HRMY, have seen a noteworthy increase in performance, surging by +3.13%. In this article, we will delve into the details of this trend, explore key indicators, and assess the outlook for these companies.
The term 'challenging disorders' envelops a vast expanse of the healthcare sector, extending from medical devices, facilities to biotechs, and pharmaceutical firms.
The ocean transportation sector has been making waves recently, experiencing a significant performance boost of +3.74% over the past week. In this article, we'll delve into the theme and explore the key tickers within this sector, shedding light on their market capitalization, recent price movements, volume trends, and fundamental analysis ratings.
Forest products encompass materials harvested from forestry intended for direct utilization or commercial activities.
The toy industry has seen some significant ups and downs in recent times, with a cluster of notable companies taking center stage in this exciting and ever-evolving market. In this article, we delve into the recent performance of select toy companies, examining key indicators and trends that have shaped their stock movements.
Dive into the dynamics behind the recent 2.68% rise in the Wholesale Distributors sector. With standout performers like $GIC, $POOL, $SITE, $FERG, and $CNM, we dissect the market movements and pivotal factors driving this uptrend. Read on to stay ahead!
πŸš€ Biocept (BIOC) surges +51.63% in a month! Amid industry downtrends, BIOC shines. What's next for this penny stock? πŸ“ˆ
#latest#investment
The aluminum construction companies have experienced a significant boost, with the segment seeing a +11.13% increase in performance over the past week. This growth is largely driven by the rising demand for lightweight materials, particularly in the automotive sector, where aluminum is being widely adopted to improve fuel efficiency. The aluminum industry plays a vital role in the U.S. economy, generating approximately $71 billion annually in direct economic impact, according to The Aluminum Association.
Unlock the potential of AI-powered swing trading with robots designed to track dips in top S&P 500 stocks. Whether you're a beginner or experienced trader, these tools help manage up to $20k per position, balancing risk and reward with advanced algorithms and market insights. Discover how to maximize returns in volatile markets!
Discover Tickeron's new AI-driven trading bots designed for high-volatility markets and impulse price action. Leveraging Financial Learning Models (FLMs) and technical analysis, these bots optimize trades, offer a 70% win rate, and execute strategies for day traders focused on fast market moves.
The Diesel Companies segment has displayed a notable increase of +9.44% in performance over the past week. This uptick highlights a positive trend in the sector, encompassing companies involved in the manufacturing of diesel vehicles and the distribution of transportation fuels.
The medical companies segment has experienced a notable increase in performance, recording a weekly gain of +3.53%. This sector encompasses companies involved in the production and supply of pharmaceuticals and essential medical products, catering to a broad spectrum of healthcare needs. Their product offerings include surgical apparel, gloves, hospital furniture, fluid management solutions, and specialized equipment for cosmetic and surgical procedures.
Tickeron launches AI-powered Stock Picker robots to assist hedge fund managers with sector rotation, growth-focused small-cap stocks, and strategic risk management. Using proprietary FLMs, Stock Pickers offer quant-driven signals and adaptive strategies for long-term growth and investment
Tickeron unveils an intuitive AI trading bot interface, offering tailored strategies for day, swing, and trend traders. From beginners to pros, discover tools designed to optimize trading precision, adapt to market volatility, and provide hedge fund-level insights for smarter investments.
#latest#popular#trading