XP Stock Went Down By Over 20% In The Last 5 Sessions

(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 19:27 EST on Monday, after four successive sessions in a row of losses. NASDAQ is dropping 0.58% to $11,787.27, after two sequential 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%.

Moving Average

XP’s value is way below its 50-day moving average of $16.18 and way below its 200-day moving average of $19.38.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.8%, now sitting on 12.75B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XP’s stock is considered to be overbought (>=80).

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