Crexendo Inc (CXDO) Director Acquires $40,986.88 in Stock

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Crexendo Inc (OTCMKTS:CXDO) Director Jeffrey Parr Bash acquired 24,992 shares of the stock in a transaction dated Monday, November 12th. The shares were acquired at an average cost of $1.64 per share, with a total value of $40,986.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of OTCMKTS:CXDO traded down $0.02 on Friday, hitting $1.80. 19,913 shares of the company’s stock were exchanged, compared to its average volume of 4,207. Crexendo Inc has a 1-year low of $1.46 and a 1-year high of $3.49. The company has a quick ratio of 1.48, a current ratio of 1.62 and a debt-to-equity ratio of 0.06.

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About Crexendo

Crexendo, Inc, a cloud services company, provides cloud telecommunications services, broadband Internet services, and other cloud business services for businesses in North America and internationally. It operates in two segments, Cloud Telecommunications and Web Services. The Cloud Telecommunications segment provides telecommunications services that transmit calls using IP or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services, as well as engages in the sale and lease of cloud telecommunications equipment.

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