In the past week, XP stock has gone down by -5.83%, with a monthly decline of -27.22% and a quarterly plunge of -23.13%. The volatility ratio for the week is 6.83%, and the volatility levels for the last 30 days are 5.47% for XP Inc. The simple moving average for the last 20 days is -7.20% for XP stock, with a simple moving average of -35.20% for the last 200 days.
Is It Worth Investing in XP Inc. (NASDAQ: XP) Right Now?
XP Inc. (NASDAQ: XP) has a higher price-to-earnings ratio of 9.61x compared to its average ratio, Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
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The average price suggested by analysts for XP is $101.41, which is $8.09 above the current market price. The public float for XP is 388.21M, and currently, shorts hold a 4.82% of that float. The average trading volume for XP on March 17, 2023 was 5.20M shares.
XP) stock’s latest price update
XP Inc. (NASDAQ: XP)’s stock price has increased by 6.11 compared to its previous closing price of 10.96. Nevertheless, the company has seen a -5.83% plunge in its stock price over the last five trading sessions.
Analysts’ Opinion of XP
In the past week, XP stock has gone down by -5.83%, with a monthly decline of -27.22% and a quarterly plunge of -23.13%. The volatility ratio for the week is 6.83%, and the volatility levels for the last 30 days are 5.47% for XP Inc. The simple moving average for the last 20 days is -7.20% for XP stock, with a simple moving average of -35.20% for the last 200 days.
Analysts’ Opinion of XP
Many brokerage firms have already submitted their reports for XP stocks, with Credit Suisse repeating the rating for XP by listing it as a “Underperform.” The predicted price for XP in the upcoming period, according to Credit Suisse is $15 based on the research report published on February 17th of the current year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see XP reach a price target of $23. The rating they have provided for XP stocks is “Neutral” according to the report published on August 11th, 2022.
UBS gave a rating of “Buy” to XP, setting the target price at $31 in the report published on June 07th of the previous year.
XP Trading at -21.92% from the 50-Day Moving Average
After a stumble in the market that brought XP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.62% of loss for the given period.
Volatility was left at 5.47%, however, over the last 30 days, the volatility rate increased by 6.83%, as shares sank -28.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.85% lower at present.
During the last 5 trading sessions, XP fell by -5.83%, which changed the moving average for the period of 200-days by -50.38% in comparison to the 20-day moving average, which settled at $12.30. In addition, XP Inc. saw -24.19% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for XP
Current profitability levels for the company are sitting at:
- +32.02 for the present operating margin
- +70.67 for the gross margin
The net margin for XP Inc. stands at +28.75. Equity return is now at value 21.60, with 2.00 for asset returns.
Conclusion
In conclusion, XP Inc. (XP) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
