Xerox Corporation s in-depth stock price analysis indicates that the stock price has dropped -22.67% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -24.97% . Looking at the past 52 week period, the stock price is down -16.76% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Xerox Corporation has a negative value of -21.77 compared to overall market performance. Xerox Corporation (NYSE:XRX) has climbed 2.1% in the past week and advanced 3.55% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.27% and the outperformance has advanced to 1.69% for the last 4 weeks period.
Xerox Corporation (NYSE:XRX) : On Friday heightened volatility was witnessed in Xerox Corporation (NYSE:XRX) which led to swings in the share price. The stock opened for trading at $7.31 and hit $7.43 on the upside , eventually ending the session at $7.3, with a gain of 0.55% or 0.04 points. The heightened volatility saw the trading volume jump to 7,117,595 shares. The 52-week high of the share price is $7.502003 and the company has a market cap of $7,405 million. The 52-week low of the share price is at $5.618269 .
Xerox Corp Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.25 EPS for the quarter. Analyst had a consensus estimate of $0.25. The company had revenue of $2734.00 million for the quarter, compared to analysts expectations of $2784.19 million. The companys revenue was down -7.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.27 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Xerox Corp was Upgraded by Morgan Stanley to Overweight on Jan 12, 2017. Xerox Corp was Upgraded by Goldman to Buy on Jan 10, 2017. Xerox Corp was Upgraded by Credit Suisse to Outperform on Jan 3, 2017.
Company has reported several Insider transactions to the SEC, on Nov 28, 2016, Leslie F Varon (CFO (Interim) sold 3,510 shares at 9.45 per share price.On Nov 17, 2016, Herve Tessler (Senior Vice President) sold 14,000 shares at 9.49 per share price.On Nov 14, 2016, Joseph H. Mancini (VP & Chief Accounting Officer) sold 2,628 shares at 9.18 per share price.
Xerox is the worlds leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size.