Crexendo Inc (CXDO) CEO Steven G. Mihaylo Buys 10,000 Shares

Crexendo Inc (OTCMKTS:CXDO) CEO Steven G. Mihaylo purchased 10,000 shares of the stock in a transaction on Monday, May 20th. The shares were purchased at an average cost of $3.36 per share, with a total value of $33,600.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of CXDO opened at $3.50 on Wednesday. The stock has a market cap of $50.90 million, a price-to-earnings ratio of 336.00 and a beta of 2.65. Crexendo Inc has a 12 month low of $1.50 and a 12 month high of $4.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 1.58.

Crexendo (OTCMKTS:CXDO) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $0.02 EPS for the quarter. The company had revenue of $3.49 million for the quarter. Crexendo had a return on equity of 7.25% and a net margin of 0.63%.

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About Crexendo

Crexendo, Inc provides unified communications cloud telecom, broadband Internet, and other cloud business services for businesses in North America and internationally. The company 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.

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