Xerox Corporation (XRX) Shares are Up 0.41%

Xerox Corporation (XRX) has been under a strong bear grip, hence the stock is down -5.34% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.08% in the past 1 week. The stock has risen by 0.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.53% in the past 4 weeks.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.25% and the fifty day Moving Average is 0.36%. Xerox Corporation has dropped 0.15% during the last three month period . Year-to-Date the stock performance stands at -6.98%.

Xerox Corporation (XRX) : 4 investment research analysts covering Xerox Corporation (XRX) have an average price target of $10.95 for the near short term. The highest target price given by the Brokerage Firm to the stock is $12 and the lowest target is $10 for the short term. Analysts expect the variance to be within $0.76 of the average price.


Xerox Corporation (NYSE:XRX): stock turned positive on Friday. Though the stock opened at $9.74, the bulls momentum made the stock top out at $9.84 level for the day. The stock recorded a low of $9.65 and closed the trading day at $9.73, in the green by 0.10%. The total traded volume for the day was 5,171,186. The stock had closed at $9.72 in the previous days trading.

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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