On 1/4/24, Crexendo Inc (NASDAQ: CXDO) stock suffered a major decline of -11.0%, closing at $4.24. Moreover, trading volume in this decline was unusually high at 192% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CXDO is expected to be Value Creation neutral.
Crexendo has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Crexendo has a very low Appreciation Score of 9 but a very high Power Rating of 99, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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