(VIANEWS) – Shares of XP (NASDAQ: XP) dropped by a staggering 20.31% in 5 sessions from $16.2 at -20.31, to $12.91 at 22:20 EST on Monday, after four successive sessions in a row of losses. NASDAQ is dropping 0.58% to $11,787.27, after two successive sessions in a row of losses.
XP’s last close was $12.91, 64.49% below its 52-week high of $36.36.
About XP
XP Inc. provides financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial, and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits; product structuring and capital markets services for corporate clients and issuers of fixed income products; advisory services for mass-affluent and institutional clients; and wealth management services for high-net-worth customers and institutional clients. The company also offers Xpeed, an online financial education portal that offers seminars, classes, and learning tools to help teach individuals on topics, such as basics of investing, techniques, and investment strategies, as well as insurance brokerage services. In addition, it operates XP Platform, an open product platform that provides clients to access investment products in the market, including equity and fixed income securities, mutual and hedge funds, private equity, structured products, credit cards, loan operations, life insurance, pension plans, real-estate investment funds, and others. The company was founded in 2001 and is based in São Paulo, Brazil.
Earnings Per Share
As for profitability, XP has a trailing twelve months EPS of $0.99.
PE Ratio
XP has a trailing twelve months price to earnings ratio of 13.09. Meaning, the purchaser of the share is investing $13.09 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 25.58%.
Volume
Today’s last reported volume for XP is 32507995 which is 645.14% above its average volume of 4033840.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 9.1% and a negative 22.5%, respectively.
More news about XP (XP).
