Is Crexendo Inc (CXDO) a Stock to Watch After Gaining 15.63% This Week?

Crexendo Inc (CXDO) stock has risen 15.63% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Crexendo Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CXDO!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CXDO Stock Today?

Crexendo Inc (CXDO) stock is down -9.48% while the S&P 500 has risen 0.27% as of 1:01 PM on Wednesday, Nov 29. CXDO is down -$0.31 from the previous closing price of $3.27 on volume of 197,983 shares. Over the past year the S&P 500 has risen 15.22% while CXDO has risen 37.67%. CXDO lost -$1.35 per share in the over the last 12 months.

More About Crexendo Inc

Crexendo Inc is a provider of cloud communications, UCaaS, call center, collaboration services, and other cloud business services. The company operates through two segments: Cloud telecommunications and Software Solutions. Its cloud telecommunications segment offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over any high-speed Internet connection. The Software Solutions segment is involved in revenue generation from software licenses, software maintenance support and professional services. It generates subscription and maintenance support revenue from customer support and other supportive services. The company offers warranties on its products. It derives a majority of revenue from the Cloud telecommunications segment. Click Here to get the full Stock Report for Crexendo Inc stock.