Crossroads Systems Inc. (CRDS) Shares Gap Up to $4.76
Crossroads Systems Inc. (NASDAQ:CRDS) shares 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 trading hands.
The company’s 50-day moving average price is $4.78 and its 200-day moving average price is $6.91. The stock’s market capitalization is $8.20 million.
Crossroads Systems (NASDAQ:CRDS) last posted its earnings results on Thursday, June 2nd. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.09. On average, equities analysts expect 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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