Xerox Corporation (XRX) : During the past 4 weeks, traders have been relatively bearish on Xerox Corporation (XRX), hence the stock is down -5.36% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.34% relative to the S&P 500. The stock has risen by 1.15% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.23% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 1.77% and the 50-Day Moving Average is 1.54%.
Xerox Corporation (NYSE:XRX): The stock was completely flat for the day, closing at $9.65 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $9.71, the stock touched an intraday high of $9.72 and a low of $9.57. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $9.65. The total trading volume on Friday was 5,866,839.
The company Insiders own 0.37% of Xerox Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.44% . Institutional Investors own 84.74% of Xerox Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -9.44%. In a related news, Firestone James A, officer (Executive Vice President) of Xerox Corp, unloaded 50,000 shares at an average price of $9.36 on July 1, 2016. The total amount of the transaction was worth $468,000, according to the disclosed information 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.