Crossroads Systems, Inc.
4.850.02 (0.41%)
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Prev Close4.83
Bid3.87 x 100
Ask5.10 x 900
52wk Range3.00 - 31.40
Day's Range4.76 - 5.05
Avg Vol (3m)30,215
As of 4:00 PM EDT. Market closed.
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    Crossroads Systems to complete reverse stock split

    Crossroads Systems Inc. announced plans for a one-for-20 reverse split of the company’s issued and outstanding common shares. Stockholders approved the reverse split at the company’s annual meeting, according to a Friday filing with the U.S. Securities and Exchange Commission. The move come as Crossroads Systems prepares to sell 141 of its patents "to enhance its cash position," the company said in an announcement .