Among the biggest risers on the S&P 500 on Tuesday February 02 was Xerox Holdings Corporation ($XRX), popping some 1.15% to a price of $22.85 a share with some 2.72 million shares trading hands.
Starting the day trading at $22.82, Xerox Holdings Corporation reached an intraday high of $23.10 and hit intraday lows of $22.62. Shares gained $0.26 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 198.39 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $14.23 to $38.69.
Xerox is an original equipment manufacturing and software company. Xerox operates in one segment–design, development and sale of printing technology and related solutions–while deriving 60% of its revenue from the U.S., and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy and scan), focusing on large enterprise markets. Apart from equipment, the company provides post sales services like managed print services–a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.
Xerox Holdings Corporation has its corporate headquarters located in Norwalk, CT and employs 26,300 people. Its market cap has now risen to $4.53 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.81, and P/FCF n/a.