Insider Buying: Crexendo Inc (OTCMKTS:CXDO) CEO Acquires 5,555 Shares of Stock

Crexendo Inc (OTCMKTS:CXDO) CEO Steven G. Mihaylo bought 5,555 shares of the stock in a transaction dated Monday, June 10th. The stock was bought at an average cost of $3.23 per share, with a total value of $17,942.65. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

CXDO remained flat at $$3.25 during midday trading on Friday. The company’s stock had a trading volume of 2,800 shares, compared to its average volume of 8,241. The company has a market cap of $47.55 million, a price-to-earnings ratio of 327.00 and a beta of 2.40. 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 fifty-two week low of $1.50 and a fifty-two week high of $4.00.

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

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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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Insider Buying and Selling by Quarter for Crexendo (OTCMKTS:CXDO)

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