Xerox Holdings Corporation (XRX, Financial) experienced a significant stock movement, with its price surging by 5.10%. The stock is currently trading at $9.38 per share, with a trading volume of 1.37471 million shares and a turnover rate of 1.11%. The stock's amplitude reached 7.17%.
Recent financial reports reveal Xerox's revenue at $1.528 billion, but a net loss of $1.205 billion, translating to an earnings per share (EPS) of -$9.72. The company's gross profit stands at $473 million, with a price-to-earnings (P/E) ratio of -0.85. Among six institutions rating the stock, 17% recommend a buy, 33% suggest holding, and 50% advise selling.
In the broader information technology services sector, where Xerox operates, there was an overall decline of 1.22%. Meanwhile, stocks like Pony.ai, Penguin Solutions, Inc., and Fiscalnote Holdings, Inc. showed substantial gains. Active stocks included Bigbear.Ai, Inc., Applied Digital Corporation, and Castellum, Inc., with turnover rates of 6.54%, 3.86%, and 3.61%, respectively. Stocks with significant amplitude included Aurora Innovation Inc C/Wts 03/11/2026, Nayax Ltd., and Jianzhi Education, with amplitudes of 27.65%, 15.33%, and 13.70%.
Xerox is a leading OEM and software company, focusing on designing, developing, and selling printing technology and related solutions. While 60% of its revenue is generated in the U.S., 40% comes from international markets. The company is also exploring new markets like digital print packaging solutions and printed electronics.
