In the past week, CXDO stock has gone down by -9.22%, with a monthly decline of -19.76% and a quarterly plunge of -32.53%. The volatility ratio for the week is 8.47%, and the volatility levels for the last 30 days are 6.74% for Crexendo Inc The simple moving average for the last 20 days is -9.59% for CXDO’s stock, with a simple moving average of 9.59% for the last 200 days.
Is It Worth Investing in Crexendo Inc (NASDAQ: CXDO) Right Now?
Crexendo Inc (NASDAQ: CXDO) has a price-to-earnings ratio that is above its average at 68.76x. The stock has a 36-month beta value of 1.22. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CXDO is 10.40M, and at present, short sellers hold a 2.69% of that float. On May 09, 2024, the average trading volume of CXDO was 204.50K shares.
CXDO) stock’s latest price update
Crexendo Inc (NASDAQ: CXDO)’s stock price has dropped by -15.27 in relation to previous closing price of 4.65. Nevertheless, the company has seen a loss of -9.22% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that The headline numbers for Crexendo (CXDO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Analysts’ Opinion of CXDO
B. Riley Securities, on the other hand, stated in their research note that they expect to see CXDO reach a price target of $6.75, previously predicting the price at $4.50. The rating they have provided for CXDO stocks is “Neutral” according to the report published on January 31st, 2024.
Northland Capital gave a rating of “Outperform” to CXDO, setting the target price at $4 in the report published on September 27th of the previous year.
CXDO Trading at -19.01% from the 50-Day Moving Average
After a stumble in the market that brought CXDO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.09% of loss for the given period.
Volatility was left at 6.74%, however, over the last 30 days, the volatility rate increased by 8.47%, as shares sank -16.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.12% lower at present.
During the last 5 trading sessions, CXDO fell by -9.22%, which changed the moving average for the period of 200-days by +154.18% in comparison to the 20-day moving average, which settled at $4.32. In addition, Crexendo Inc saw -18.76% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CXDO starting from Wang David Tzat-kin, who sale 20,000 shares at the price of $5.51 back on Mar 12 ’24. After this action, Wang David Tzat-kin now owns 437,402 shares of Crexendo Inc, valued at $110,192 using the latest closing price.
Buch Anand, the Chief Strategy Officer of Crexendo Inc, sale 32,400 shares at $5.91 during a trade that took place back on Mar 08 ’24, which means that Buch Anand is holding 545,402 shares at $191,484 based on the most recent closing price.
Stock Fundamentals for CXDO
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.62 for the gross margin
The net margin for Crexendo Inc stands at -0.01. The total capital return value is set at -0.04. Equity return is now at value 3.77, with 2.98 for asset returns.
Based on Crexendo Inc (CXDO), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 1.94. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -39.28.
Currently, EBITDA for the company is 1.88 million with net debt to EBITDA at -7.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.8. The receivables turnover for the company is 11.38for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.
Conclusion
To sum up, Crexendo Inc (CXDO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
