Crexendo Inc (OTCMKTS:CXDO) CEO Steven G. Mihaylo purchased 24,992 shares of the firm’s stock in a transaction on Thursday, November 8th. The stock was bought at an average price of $1.64 per share, with a total value of $40,986.88. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

CXDO stock traded up $0.02 during mid-day trading on Friday, reaching $1.83. The company had a trading volume of 150 shares, compared to its average volume of 2,398. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 1.62. Crexendo Inc has a 52 week low of $1.46 and a 52 week high of $3.49.

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About Crexendo

Crexendo, Inc, a cloud services company, provides cloud telecommunications services, broadband Internet services, and other cloud business services for businesses in North America and internationally. It operates in two segments, Cloud Telecommunications and Web Services. The Cloud Telecommunications segment provides telecommunications services that transmit calls using IP or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services, as well as engages in the sale and lease of cloud telecommunications equipment.

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