Shares of Crossroads Systems Inc. (NASDAQ:CRDS) were down 12.7% during mid-day trading on Monday . The stock traded as low as $5.63 and last traded at $5.84, with a volume of 50,741 shares trading hands. The stock had previously closed at $6.69.

The stock’s 50 day moving average is $4.87 and its 200-day moving average is $6.57. The firm’s market cap is $7.20 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, beating analysts’ consensus estimates of ($0.12) by $0.09. On average, equities research analysts expect that Crossroads Systems Inc. will post ($9.60) EPS 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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