Crexendo Inc (OTCMKTS:CXDO) CEO Acquires $53,298.00 in Stock

Crexendo Inc (OTCMKTS:CXDO) CEO Steven G. Mihaylo acquired 16,920 shares of the business’s stock in a transaction that occurred on Thursday, July 11th. The stock was bought at an average cost of $3.15 per share, for a total transaction of $53,298.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of CXDO stock opened at $3.30 on Friday. The firm has a 50 day moving average of $3.29. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.44. Crexendo Inc has a twelve month low of $1.50 and a twelve month high of $4.00. The company has a market cap of $48.43 million, a P/E ratio of 330.00 and a beta of 2.28.

Crexendo (OTCMKTS:CXDO) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $0.02 earnings per share for the quarter. Crexendo had a return on equity of 7.25% and a net margin of 0.63%. The business had revenue of $3.49 million for the quarter.

Crexendo Company Profile

Crexendo, Inc provides unified communications cloud telecom, broadband Internet, and other cloud business services for businesses in North America and internationally. The company operates in two segments, Cloud Telecommunications and Web Services. The Cloud Telecommunications segment provides telecommunications services that transmit calls using IP or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services.

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