Shares of XRX fell by 0.85% or $-0.08/share to $9.34. Xerox Corp. is trading at a price to book ratio of 1.06. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.42 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.59. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 12234200 shares of XRX exchange hands on a given day and today's volume is recorded at 7354331. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Xerox Corporation (Xerox) provides a portfolio of document technology, services and software, and the diverse array of business process and information technology (IT) outsourcing support.
