Crexendo Inc (NASDAQ: CXDO) is 6.39% higher on its value in year-to-date trading and has touched a low of $1.54 and a high of $7.59 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CXDO stock was last observed hovering at around $5.20 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $5.16, the stock is 8.16% and 27.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -0.77% at the moment leaves the stock 17.80% off its SMA200. CXDO registered 168.75% gain for a year compared to 6-month loss of -9.79%.
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The stock witnessed a 25.85% gain in the last 1 month and extending the period to 3 months gives it a 58.77%, and is 2.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.19% over the week and 8.54% over the month.
Crexendo Inc (CXDO) has around 182 employees, a market worth around $137.82M and $57.01M in sales. Current P/E ratio is 52.55 and Fwd P/E is 20.11. Profit margin for the company is 4.89%. Distance from 52-week low is 235.06% and -32.02% from its 52-week high. The company has generated returns on investments over the last 12 months (5.70%).
The EPS is expected to grow by 0.49% this year.
Crexendo Inc (CXDO) Top Institutional Holders
51.0 institutions hold shares in Crexendo Inc (CXDO), with institutional investors hold 39.15% of the company’s shares. The shares outstanding are 26.13M, and float is at 11.68M with Short Float at 1.86%. Institutions hold 17.13% of the Float.
The top institutional shareholder in the company is CREATIVE PLANNING with over 1.41 million shares valued at $4.43 million. The investor’s holdings represent 5.3512% of the CXDO Shares outstanding. As of 2024-06-30, the second largest holder is BARD ASSOCIATES INC with 0.61 million shares valued at $$1.91 million to account for 2.3122 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.5 million shares representing 1.9138% and valued at over $1.58 million, while RENAISSANCE TECHNOLOGIES LLC holds 1.3854 of the shares totaling 0.36 million with a market value of $1.15 million.
Crexendo Inc (CXDO) Insider Activity
The most recent transaction is an insider sale by Wang David Tzat-kin,the company’sChief Technology Officer. SEC filings show that Wang David Tzat-kin sold 20,500 shares of the company’s common stock on Aug 29 ’24 at a price of $5.25 per share for a total of $0.11 million. Following the sale, the insider now owns 0.44 million shares.
Crexendo Inc disclosed in a document filed with the SEC on Aug 27 ’24 that Buch Anand (Chief Strategy Officer) sold a total of 20,501 shares of the company’s common stock. The trade occurred on Aug 27 ’24 and was made at $5.01 per share for $0.1 million. Following the transaction, the insider now directly holds 0.55 million shares of the CXDO stock.
Still, SEC filings show that on Aug 23 ’24, Buch Anand (Chief Strategy Officer) disposed off 100 shares at an average price of $5.01 for $501.0. The insider now directly holds 548,139 shares of Crexendo Inc (CXDO).
