The stock of Xerox Holdings Corporation (NASDAQ: XRX) has decreased by -4.83 when compared to last closing price of 14.31. Despite this, the company has experienced a -6.85% fall in its stock price over the last five trading sessions. Barron’s reported on 10/25/22 that Xerox CEO Cites Supply Chain and Product Mix Issues in Sharp Outlook Cut
Is It Worth Investing in Xerox Holdings Corporation (NASDAQ: XRX) Right Now?
while the 36-month beta value is 1.71.
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The average price point forecasted by analysts for Xerox Holdings Corporation (XRX) is $14.00, which is -$0.12 below the current market price. The public float for XRX is 145.45M, and currently, short sellers hold a 6.34% ratio of that floaft. The average trading volume of XRX on May 25, 2023 was 1.49M shares.
XRX’s Market Performance
The stock of Xerox Holdings Corporation (XRX) has seen a -6.85% decrease in the past week, with a -11.45% drop in the past month, and a -16.34% fall in the past quarter. The volatility ratio for the week is 2.69%, and the volatility levels for the past 30 days are at 3.48% for XRX. The simple moving average for the last 20 days is -6.93% for XRX stock, with a simple moving average of -12.74% for the last 200 days.
XRX Trading at -7.25% from the 50-Day Moving Average
After a stumble in the market that brought XRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.80% of loss for the given period.
Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares sank -11.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.00% lower at present.
During the last 5 trading sessions, XRX fell by -5.61%, which changed the moving average for the period of 200-days by -21.46% in comparison to the 20-day moving average, which settled at $14.54. In addition, Xerox Holdings Corporation saw -6.72% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at XRX starting from Gueden Jacques-Edouard, who sale 10,000 shares at the price of $15.61 back on Apr 26. After this action, Gueden Jacques-Edouard now owns 28,125 shares of Xerox Holdings Corporation, valued at $156,100 using the latest closing price.
Palau Hernandez Margarita, the Director of Xerox Holdings Corporation, purchase 10,000 shares at $15.55 during a trade that took place back on Nov 29, which means that Palau Hernandez Margarita is holding 15,500 shares at $155,489 based on the most recent closing price.
Stock Fundamentals for XRX
Equity return is now at value -6.00, with -1.80 for asset returns.
Conclusion
In a nutshell, Xerox Holdings Corporation (XRX) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
