Crexendo Inc (NASDAQ: CXDO) stock enjoyed a major increase of 13.6% on 7/12/24. The shares closed at $3.84. Moreover, exceptionally high trading volume at 213% of normal accompanied the advance. The stock has risen 18.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, CXDO is expected to continue to be Value Creation neutral.
Crexendo has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Crexendo has a slightly negative Appreciation Score of 36 but a good Power Rating of 85, leading to the High 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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