Crossroads Systems Inc. (CRDS) Shares Gap Up to $4.76
Shares of Crossroads Systems Inc. (NASDAQ:CRDS) gapped up prior to trading on Friday . The stock had previously closed at $4.66, but opened at $4.76. Crossroads Systems shares last traded at $5.68, with a volume of 32,899 shares.
The firm has a 50 day moving average price of $4.70 and a 200-day moving average price of $7.03. The firm’s market cap is $8.20 million.
Crossroads Systems (NASDAQ:CRDS) last released its quarterly earnings data on Thursday, June 2nd. The company reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.09. Analysts anticipate that Crossroads Systems Inc. will post ($9.60) earnings per share for the current year.
Crossroads Systems, Inc is a global provider of data archive solutions. The Company develops products that address specific information technology (IT) challenges, such as storing and protecting business-critical data. The Company’s solutions solve data management problems involving storage, protection, and archiving.
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