Shares of XRX traded higher by 1.75% or $0.14/share to $8.14. Xerox Corp. is trading at a price to book ratio of 0.87. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.33 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.5. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 17352900 shares of XRX exchange hands on a given day and today's volume is recorded at 7185475. These factors combined may make this company a potential takeover candidate. 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.
