Crossroads Systems Director Buys $22,800 in Stock (CRDS)
Crossroads Systems (NASDAQ:CRDS) Director Jeffrey Eberwein acquired 20,000 shares of Crossroads Systems stock on the open market in a transaction dated Thursday, October 24th. The shares were purchased at an average cost of $1.14 per share, with a total value of $22,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Crossroads Systems (NASDAQ:CRDS) traded down 4.07% on Monday, hitting $1.18. 89,534 shares of the company’s stock traded hands. Crossroads Systems has a 52-week low of $1.20 and a 52-week high of $4.20. The stock’s 50-day moving average is $1.64 and its 200-day moving average is $1.97. The company’s market cap is $14.1 million.
Crossroads Systems (NASDAQ:CRDS) last issued its quarterly earnings data on Thursday, September 12th. The company reported ($0.34) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.21) by $0.13. The company had revenue of $2.80 million for the quarter, compared to the consensus estimate of $3.50 million. During the same quarter in the prior year, the company posted ($0.29) earnings per share.