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 company’s stock in a transaction that occurred on Wednesday, August 6th. The stock was purchased at an average price of $2.74 per share, for a total transaction of $3,562.00. Following the completion of the purchase, 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) opened at 2.87 on Friday. 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 posted its quarterly earnings results 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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