The stocks of XRX have been seeing some unusual activity in options trading throughout the previous and the current week. Most of the traders have already purchased close to 1,163 put options from this company. This is representative of an increase of about 903% on the typical volume of more than 100 put options.
The Stock Commentary Of XRX
There have been quite a few research equities that have commented on the stocks of XRX. TheStreet has already reduced the rating of the company from b- to c+ in a 20th April research report. Citigroup has also increased the price target of the company from $13 to $160 in a 22nd April research report.
Zacks Investment Research has also increased the price rating of the company from sell to hold with a price target of $26 in a 22nd April research report. Morgan Stanley has reduced the rating of the company from equal weight to underweight with a price target of $18 in a 4th February research report.
Three of the investment analysts have already given the company a rating of sell while two others have issued it with a rating of hold. Currently, XRX has a sell rating with a $43.50 price target.
The stocks of XRX traded on Friday at $23.99. The current ratio of the company is 2.05, with a 1.73 quick ratio, and a 0.68 debt-to-equity ratio. The moving average price of the company over a period of 50 days is $24.27, with the moving average price of the company over a period of 200 days set at $23.65. The market cap of the firm is $4.60 billion, with a 22.63 PE ratio, and a 1.80 beta. The year low of the company is $14.51, with a year high of $26.96.