On 10/8/24, Crexendo Inc (NASDAQ: CXDO) stock enjoyed a major increase of 15.1%, closing at $5.11. Moreover, this advance was accompanied by exceptionally high trading volume at 203% of normal. The stock has been weak relative to the market over the last nine months but has risen 10.1% 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 continue to be Value Creation neutral.
Crexendo has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Crexendo has a slightly negative Power Rating of 35 and a slightly negative Appreciation Score of 33, with the Negative Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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