Stock Rating Upgrade
In recent days the Value Trend Rating for Crexendo Inc (NASDAQ: CXDO) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 4/19/24, Crexendo Inc (NASDAQ: CXDO) stock declined by -2.9%, closing at $4.00. However, exceptionally low trading volume at 40% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -14.7% during the last week.
Current PriceTarget Research Rating
CXDO is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Crexendo has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Crexendo has a poor Appreciation Score of 27 but a very high Power Rating of 100, and the Positive Value Trend Rating results.
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