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Crossroads Systems (NASDAQ:CRDS) Director Jeffrey E. Eberwein acquired 1,300 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The shares were purchased at an average cost of $2.74 per share, with a total value of $3,562.00. Following the completion of the acquisition, the director now directly owns 22,763 shares in the company, valued at approximately $62,371. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Crossroads Systems (NASDAQ:CRDS) traded down 0.35% on Friday, hitting $2.87. 33,774 shares of the company’s stock traded hands. Crossroads Systems has a 1-year low of $0.69 and a 1-year high of $3.71. The stock has a 50-day moving average of $2.98 and a 200-day moving average of $2.58. The company’s market cap is $43.2 million.

Crossroads Systems (NASDAQ:CRDS) last announced its earnings results on Thursday, June 5th. The company reported ($0.14) EPS for the quarter. The company had revenue of $2.30 million for the quarter, compared to the consensus estimate of $2.70 million. During the same quarter in the prior year, the company posted ($0.23) earnings per share.

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