Shares of XRX traded higher by 2.09% or $0.15/share to $7.34. NYSE is trading at a price to book ratio of 0.79. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.31. The price to sales ratio came in at 0.43. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 10809100 shares of XRX exchange hands on a given day and today's volume is recorded at 8663303. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Xerox Corporation provides a portfolio of business process and information technology outsourcing support, document technology and solutions.
