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XPO Logistics Stock Bullish By 15% So Far Today

(VIANEWS) – Shares of XPO Logistics (NYSE: XPO) jumped by a staggering 15.62% to $39.98 at 11:49 EST on Thursday, after five sequential sessions in a row of gains. NYSE is sliding 0.32% to $15,604.09, following the last session’s downward trend. This seems, up to now, a somewhat down trend trading session today.

XPO Logistics’s last close was $34.58, 23.26% below its 52-week high of $45.06.

About XPO Logistics

XPO, Inc. provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services. This segment also offers cross-border U.S., Mexico, Canada, and the Caribbean, as well as engages in the operation of trailer manufacturing. The European Transportation segment offers dedicated truckload, LTL, truck brokerage, managed transportation, last mile, freight forwarding and multimodal solutions, such as road-rail and road-short sea combinations. It provides its services to customers in various industries, such as industrial and manufacturing, retail and e-commerce, food and beverage, logistics and transportation, and consumer goods. The company was formerly known as XPO Logistics, Inc. and changed its name to XPO, Inc. in December 2022. XPO, Inc. was incorporated in 2000 and is based in Greenwich, Connecticut.

Earnings Per Share

As for profitability, XPO Logistics has a trailing twelve months EPS of $1.6.

PE Ratio

XPO Logistics has a trailing twelve months price to earnings ratio of 24.99. Meaning, the purchaser of the share is investing $24.99 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 17.12%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XPO Logistics’s stock is considered to be oversold (<=20).

Yearly Top and Bottom Value

XPO Logistics’s stock is valued at $39.98 at 11:49 EST, way below its 52-week high of $45.06 and way higher than its 52-week low of $24.76.

More news about XPO Logistics (XPO).

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