Media coverage about Crossroads Systems (NASDAQ:CRDS) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Crossroads Systems earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 45.8133497626192 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Crossroads Systems (NASDAQ:CRDS) traded down 12.80% on Friday, reaching $1.90. 75,412 shares of the company traded hands. The firm has a 50-day moving average of $2.61 and a 200-day moving average of $2.59. Crossroads Systems has a 52-week low of $1.45 and a 52-week high of $7.42.
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Crossroads Systems Company Profile
Crossroads Systems, Inc is an intellectual property licensing company. The Company’s intellectual property assets are identified in two distinct categories: the first category is known as the 972 patent family and the second category is known as the non-972 patents. As of October 31, 2016, the 972 patent family consisted of 31 patents and pending patents that are primarily concentrated around access controls.
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