Large Outflow of Money Witnessed in Xerox Corporation

Xerox Corporation (XRX) : The total money flow in Xerox Corporation (XRX) was negative ($6.67 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $13.63 million. In comparison, the inflow of money into the stock on upticks was $6.97 million. The uptick to downtick ratio was 0.51. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $5.88 million. The value of transactions on uptick was $0.81 million. The negative money flow of ($5.07 million) confirms the selling in Xerox Corporation (XRX) on strength. The uptick to downtick ratio of block trades was 0.14. Xerox Corporation (XRX) gained $0.13 at $10.08, a gain of 1.28% over the previous days close. However, the stock registered 1.61% in the week.


Shares of Xerox Corporation rose by 1.41% in the last five trading days and 4.02% for the last 4 weeks. Xerox Corporation is up 9.57% in the last 3-month period. Year-to-Date the stock performance stands at -3.64%.

Xerox Corporation (XRX) : 2 brokerage houses believe that Xerox Corporation (XRX) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Xerox Corporation (XRX). Zacks Investment Research suggests a Buy with a rank of 2. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.

Xerox Corporation (NYSE:XRX): The stock opened at $9.99 and touched an intraday high of $10.09 on Wednesday. During the day, the stock corrected to an intraday low of $9.97, however, the bulls stepped in and pushed the price higher to close in the green at $10.08 with a gain of 1.28% for the day. The total traded volume for the day was 7,962,607. The stock had closed at $10.03 in the previous trading session.

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.

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