Crossroads Systems Inc. (NASDAQ:CRDS) shares shot up 2.8% on Thursday . The stock traded as high as $6.28 and last traded at $6.15, with a volume of 69,893 shares traded. The stock had previously closed at $5.98.

The stock’s market cap is $7.44 million. The firm has a 50-day moving average of $4.96 and a 200-day moving average of $6.57.

Crossroads Systems (NASDAQ:CRDS) last released its quarterly earnings data on Thursday, June 2nd. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.09. On average, equities analysts forecast that Crossroads Systems Inc. will post ($9.60) earnings per share for the current fiscal 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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