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E2open (NASDAQ:EOPN) reached a new 52-week low on Friday , Analyst Ratings.Net reports. The stock traded as low as $14.21 and last traded at $15.93, with a volume of 34,525 shares changing hands. The stock had previously closed at $15.96.

EOPN has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of E2open from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 16th. They now have a $15.60 price target on the stock. Analysts at Bank of America downgraded shares of E2open from a “buy” rating to a “neutral” rating in a research note on Monday, July 14th. They now have a $21.50 price target on the stock, down previously from $23.50. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $24.51.

The stock’s 50-day moving average is $17.81 and its 200-day moving average is $20.59. The company’s market cap is $465.9 million.

E2open (NASDAQ:EOPN) last posted its quarterly earnings results on Thursday, July 10th. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.15) by $0.01. The company had revenue of $19.60 million for the quarter, compared to the consensus estimate of $19.48 million. During the same quarter in the prior year, the company posted ($0.15) earnings per share. The company’s quarterly revenue was up 21.7% on a year-over-year basis. On average, analysts predict that E2open will post $-0.53 earnings per share for the current fiscal year.

E2open, Inc, is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.

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