Crossroads Systems, Inc. Price Target Update by R
Post# of 23090
Posted On: 09/05/2015 8:24:01 AM
Crossroads Systems, Inc. Price Target Update
by Ross PenrodSeptember 4, 2015
Crossroads Systems, Inc. (NASDAQ:CRDS): 2 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $4.5 in Crossroads Systems, Inc. (NASDAQ:CRDS). However, the stock price could fluctuate by $ 0.71 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $5 price target with the lower price estimate is calculated at $4
As many as 2 brokerage firms have rated Crossroads Systems, Inc. (NASDAQ:CRDS) at 1. Research Analysts at Zacks have ranked the company at 3, suggesting the traders with a rating of hold for the short term. 2 analysts rated the company as a strong buy.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Bianchi Brian Joseph, officer (CHIEF OPERATING OFFICER) of Crossroads Systems Inc, unloaded 5,000 shares at an average price of $1.18 on August 10, 2015. The total amount of the transaction was worth $5,900, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Crossroads Systems, Inc. (NASDAQ:CRDS) rose 22.92% or 0.22 points on Thursday and made its way into the gainers of the day. After trading began at $0.96 the stock was seen hitting $1.24 as a peak level and $0.95 as the lowest level. The stock ended up at $1.18. The daily volume was measured at 362,310 shares. The 52-week high of the share price is $3.1 and the 52-week low is $0.95. The company has a market cap of $28 million.
Currently the company Insiders own 1.7% of Crossroads Systems, Inc. Company shares. In the past six months, there is a change of -3.63% in the total insider ownership. Institutional Investors own 39.8% of Company shares. During last 3 month period, -0.78% of total institutional ownership has changed in the company shares.
The company shares have dropped 67.68% in the past 52 Weeks. On September 29, 2014 The shares registered one year high of $3.1 and one year low was seen on September 2, 2015 at $0.95. The 50-day moving average is $1.16 and the 200 day moving average is recorded at $1.95. S&P 500 has rallied 2.59% during the last 52-weeks.
Many analysts have commented on the company rating. Roth Capital initiates coverage on Crossroads Systems, Inc. (NASDAQ:CRDS) In a research note issued to the investors, the brokerage major announces a price-target of $4 per share.The shares have been rated Buy. The rating by the firm was issued on April 17, 2015.
Crossroads Systems, Inc. (Crossroads) provides, develops and markets patent pending products that provide online access to data archives through tape-based archive storage solutions that replace disk-based storage devices at a fraction of the cost, enabling businesses to change the way they approach their long-term data archiving needs. It ships the following products to these markets: StrongBox, Read Verify Appliance (RVA) and SPHiNX. It is focused primarily on the StrongBox solution. The Companys products include StrongBox, SPHiNX, ReadVerify Appliance (RVA) and Fibre Channel (FC) Storage Bridges and Storage Routers. During the fiscal year ended October 31, 2012(fiscal 2012), the Company introduced its Crossroads StrongBox product, a network attached storage (NAS) solution based on tape for long-term archive data.
by Ross PenrodSeptember 4, 2015
Crossroads Systems, Inc. (NASDAQ:CRDS): 2 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $4.5 in Crossroads Systems, Inc. (NASDAQ:CRDS). However, the stock price could fluctuate by $ 0.71 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $5 price target with the lower price estimate is calculated at $4
As many as 2 brokerage firms have rated Crossroads Systems, Inc. (NASDAQ:CRDS) at 1. Research Analysts at Zacks have ranked the company at 3, suggesting the traders with a rating of hold for the short term. 2 analysts rated the company as a strong buy.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Bianchi Brian Joseph, officer (CHIEF OPERATING OFFICER) of Crossroads Systems Inc, unloaded 5,000 shares at an average price of $1.18 on August 10, 2015. The total amount of the transaction was worth $5,900, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Crossroads Systems, Inc. (NASDAQ:CRDS) rose 22.92% or 0.22 points on Thursday and made its way into the gainers of the day. After trading began at $0.96 the stock was seen hitting $1.24 as a peak level and $0.95 as the lowest level. The stock ended up at $1.18. The daily volume was measured at 362,310 shares. The 52-week high of the share price is $3.1 and the 52-week low is $0.95. The company has a market cap of $28 million.
Currently the company Insiders own 1.7% of Crossroads Systems, Inc. Company shares. In the past six months, there is a change of -3.63% in the total insider ownership. Institutional Investors own 39.8% of Company shares. During last 3 month period, -0.78% of total institutional ownership has changed in the company shares.
The company shares have dropped 67.68% in the past 52 Weeks. On September 29, 2014 The shares registered one year high of $3.1 and one year low was seen on September 2, 2015 at $0.95. The 50-day moving average is $1.16 and the 200 day moving average is recorded at $1.95. S&P 500 has rallied 2.59% during the last 52-weeks.
Many analysts have commented on the company rating. Roth Capital initiates coverage on Crossroads Systems, Inc. (NASDAQ:CRDS) In a research note issued to the investors, the brokerage major announces a price-target of $4 per share.The shares have been rated Buy. The rating by the firm was issued on April 17, 2015.
Crossroads Systems, Inc. (Crossroads) provides, develops and markets patent pending products that provide online access to data archives through tape-based archive storage solutions that replace disk-based storage devices at a fraction of the cost, enabling businesses to change the way they approach their long-term data archiving needs. It ships the following products to these markets: StrongBox, Read Verify Appliance (RVA) and SPHiNX. It is focused primarily on the StrongBox solution. The Companys products include StrongBox, SPHiNX, ReadVerify Appliance (RVA) and Fibre Channel (FC) Storage Bridges and Storage Routers. During the fiscal year ended October 31, 2012(fiscal 2012), the Company introduced its Crossroads StrongBox product, a network attached storage (NAS) solution based on tape for long-term archive data.
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'