Large Inflow of Money Detected in Xerox Corporation

Xerox Corporation (XRX): $0.64 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 2.99. The value of trades done on upticks was $0.97 million, whereas, trades done on downticks were valued at $0.32 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.55 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.55 million. Xerox Corporation (XRX) fell $0.05 traded at $9.57, a change of -0.47% over the previous day. The stock is 0.26% for the week.


The stock has recorded a 20-day Moving Average of 1.67% and the 50-Day Moving Average is 1.59%. Shares have dropped -9.78% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $11.46 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $9.68 and the 200 Day Moving Average price is recorded at $9.89.

Xerox Corporation (NYSE:XRX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.64 and $9.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.65, notching a gain of 0.42% for the day. The total traded volume was 5,942,404 . The stock had closed at $9.61 on the previous day.

In an insider trading activity,The officer (Executive Vice President) of Xerox Corp, Firestone James A sold 50,000 shares at $9.36 on July 1, 2016. The Insider selling transaction had a total value worth of $468,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Xerox Corporation is engaged in offering business process and document management solutions. The Company operates through the following segments: Services, Document Technology and Other. The Companys customers include small and midsize businesses (SMBs), graphic communications companies, Governmental entities, educational institutions and Fortune 1000 corporate accounts. The Companys Services segment provides two types of service offerings: Business Process Outsourcing (BPO) and Document Outsourcing (DO). It provides multi-industry offerings, such as customer care, transaction processing, finance and accounting, and human resources, as well as industry focused offerings in areas , such as healthcare, transportation, financial services, retail and telecommunications. The Companys Document Technology segment includes the sale of products and supplies, as well as the associated technical service and financing of those products.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *