Insider Buying: Jeffrey E. Eberwein Buys 1,300 Shares of Crossroads Systems Stock (CRDS)
Crossroads Systems (NASDAQ:CRDS) Director Jeffrey E. Eberwein bought 1,300 shares of the stock on the open market in a transaction dated Wednesday, August 6th. The shares were purchased at an average cost of $2.74 per share, for a total transaction of $3,562.00. Following the purchase, the director now directly owns 22,763 shares of the company’s stock, valued at approximately $62,371. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Crossroads Systems (NASDAQ:CRDS) traded down 0.35% during mid-day trading on Friday, hitting $2.87. 33,774 shares of the company’s stock traded hands. Crossroads Systems has a one year low of $0.69 and a one 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 issued its quarterly earnings data on Thursday, June 5th. The company reported ($0.14) earnings per share (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 previous year, the company posted ($0.23) earnings per share.
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