Shares of XRX traded higher by 0.55% or $0.045/share to $8.20. NYSE 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 1.1 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.45. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 10656300 shares of XRX exchange hands on a given day and today's volume is recorded at 4276290. These financial metrics combined make this company seem undervalued. 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 (IT) outsourcing support, document technology and solutions.