Crexendo, Inc. (NASDAQ:CXDO – Get Free Report) COO Douglas Walter Gaylor sold 30,000 shares of Crexendo stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $6.00, for a total value of $180,000.00. Following the transaction, the chief operating officer now owns 219,083 shares of the company’s stock, valued at $1,314,498. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Crexendo Price Performance
NASDAQ:CXDO opened at $5.82 on Friday. Crexendo, Inc. has a 52 week low of $1.54 and a 52 week high of $7.59. The company has a quick ratio of 2.04, a current ratio of 2.10 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $155.51 million, a PE ratio of 64.67 and a beta of 1.18. The stock’s 50-day moving average price is $4.92 and its 200-day moving average price is $4.20.
Crexendo (NASDAQ:CXDO – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. Crexendo had a return on equity of 12.86% and a net margin of 4.89%. The firm had revenue of $14.69 million for the quarter, compared to analysts’ expectations of $14.18 million. As a group, equities analysts expect that Crexendo, Inc. will post 0.14 EPS for the current fiscal year.
Institutional Investors Weigh In On Crexendo
Analyst Ratings Changes
Separately, B. Riley lifted their price objective on Crexendo from $5.75 to $6.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th.
View Our Latest Stock Report on CXDO
About Crexendo
Crexendo, Inc provides cloud communication platform and services, video collaboration, and managed IT services for businesses in the United States and internationally. It operates through two segments, Cloud Telecommunications Services and Software Solutions. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services, as well as develops end user portals for account and license management, and billing and customer support.
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