Xerium Technologies (XRM) is Trading Higher on Unusual Volume for December 28

Equities Staff |

Xerium Technologies (XRM) experienced unusually high volume on Dec. 28, as the stock gained 0.85% to a closing price of $10.62. The stock saw 107,654 shares trade hands over the course of the day on 672 trades. Given that the stock’s average daily volume over the last month has been 67,900 shares a day, this represents a pretty substantial spike over the norm.

Xerium Technologies has a P/B ratio of -1.56. It also has a P/E ratio of 12.5. The stock has traded between $18.93 and $10.00 over the last 52-weeks, its 50-day SMA is now $12.25, and its 200-day SMA $15.12.

Xerium Technologies Inc is a manufacturer and supplier of two types of consumable products, clothing and roll covers, used mainly in the production of paper.

Headquartered in Youngsville, NC, Xerium Technologies has 3,100 employees and is currently under the leadership of CEO Harold C. Bevis.

For a complete fundamental analysis analysis of Xerium Technologies, check out Equities.com’s Stock Valuation Analysis report for XRM. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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