Do Traders Think Xerox Holdings Corp (XRX) Can Keep Climbing Friday?

Overall market sentiment has been neutral on Xerox Holdings Corp (XRX) stock lately. XRX receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Xerox Holdings Corp has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on XRX!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With XRX Stock Today?

Xerox Holdings Corp (XRX) stock has gained 0.97% while the S&P 500 has fallen -0.08% as of 11:20 AM on Friday, Mar 22. XRX has risen $0.17 from the previous closing price of $17.07 on volume of 369,044 shares. Over the past year the S&P 500 has risen 33.03% while XRX has risen 16.09%. XRX lost -$0.09 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Xerox Holdings Corp click here.

More About Xerox Holdings Corp

Xerox is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics. Click Here to get the full Stock Report for Xerox Holdings Corp stock.