Alert: Major Price Decline (11/7/24)-Crexendo Inc (NASDAQ: CXDO).

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Crexendo Inc (NASDAQ: CXDO) stock suffered a major decline of -12.2% on 11/7/24. The shares closed at $5.25. Moreover, this decline was accompanied by exceptionally high trading volume at 402% of normal. Relative to the market the stock has been weak over the last nine months and has declined -8.1% during the last week.

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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 F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Crexendo has a poor Power Rating of 27 and a poor Appreciation Score of 27, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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