Xerox Corp (XRX) experienced unusually high volume on Feb. 01, as the stock lost 3.49% to a closing price of $9.41. The stock saw 13.8 million shares trade hands over the course of the day on 43,266 trades. Given that the stock’s average daily volume over the last month has been 9.08 million shares a day, this represents a pretty substantial spike over the norm.
Xerox Corp has a P/B ratio of 0.89. The stock has traded between $14.02 and $8.48 over the last 52-weeks, its 50-day SMA is now $10.01, and its 200-day SMA $10.45.
Xerox Corp is engaged in business process and document management solutions. It provides services, technology and expertise to small businesses to large enterprises, to focus on their core business and operate more effectively.
Headquartered in Norwalk, CT, Xerox Corp has 147,500 employees and is currently under the leadership of CEO Ursula M. Burns.
For a complete fundamental analysis analysis of Xerox Corp, check out Equities.com’s Stock Valuation Analysis report for XRX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.
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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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