Crexendo Inc (NASDAQ: CXDO) stock enjoyed a major increase of 10.8% on 3/6/24. The shares closed at $5.94. Moreover, this advance was accompanied by exceptionally high trading volume at 327% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.8% during the last week.
Current PriceTarget Research Rating
With future capital returns 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Crexendo has a very low Appreciation Score of 7 but a very high Power Rating of 99, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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