(VIANEWS) – Shares of XP (NASDAQ: XP) rose by a staggering 28.4% in 21 sessions from $13.45 at 2023-04-21, to $17.27 at 20:27 EST on Sunday, following the last session’s upward trend. NASDAQ is falling 0.24% to $12,657.90, following the last session’s downward trend.
XP’s last close was $17.27, 31.74% below its 52-week high of $25.30.
About XP
XP Inc. provides financial products and services in Brazil. It operates XP Platform, an open product platform that provides clients to access investment products in the market comprising brokerage securities, fixed income securities, mutual, hedge, and private equity funds; derivatives and synthetic instruments; credit cards; loan operations/collateralized credit products; pension and social security funds, and life and travel insurance products; and other investment products comprising real estate funds, and equity and debt capital markets solutions, as well as wealth management services. The company offers brokerage and issuer services to institutional and corporate clients. It also manages mutual funds focused on stocks and macro strategies distributed to retail and to institutional clients; funds and managed portfolios for high-net-worth retail clients, and proprietary treasury funds; and passive mutual funds that track market indexes, and mutual and investment funds focused on fixed income, credit, real estate, infrastructure, and other alternative strategies. In addition, the company offers securities brokerage services for institutional and retail investors; interdealer brokerage services for institutional traders; and commercial and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits, as well as develops and sells financial education courses and events online and in person to retail clients. It offers its sell products and services through its omni-channel distribution network and online portals. XP Inc. was founded in 2001 and is based in Grand Cayman, Cayman Islands.
Earnings Per Share
As for profitability, XP has a trailing twelve months EPS of $1.35.
PE Ratio
XP has a trailing twelve months price to earnings ratio of 12.8. Meaning, the purchaser of the share is investing $12.8 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 22.76%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 15.2% and a negative 2.9%, respectively.
Moving Average
XP’s worth is way higher than its 50-day moving average of $12.69 and higher than its 200-day moving average of $16.59.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XP’s stock is considered to be oversold (<=20).
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