XP Stock Jumps By 23% In The Last 10 Sessions

(VIANEWS) – Shares of XP (NASDAQ: XP) rose by a staggering 23.22% in 10 sessions from $10.95 at 2023-04-10, to $13.49 at 14:54 EST on Friday, following the last session’s upward trend. NASDAQ is jumping 0.26% to $12,091.02, following the last session’s downward trend.

XP’s last close was $13.55, 52.71% under its 52-week high of $28.65.

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 $1.26.

PE Ratio

XP has a trailing twelve months price to earnings ratio of 10.71. Meaning, the purchaser of the share is investing $10.71 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%.

Volume

Today’s last reported volume for XP is 577326 which is 90.99% below its average volume of 6349070.

Moving Average

XP’s worth is higher than its 50-day moving average of $12.92 and way below its 200-day moving average of $17.00.

More news about XP (XP).

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