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XPO Logistics Stock Bullish Momentum With A 20% Rise In The Last 10 Sessions

(VIANEWS) – Shares of XPO Logistics (NYSE: XPO) rose by a staggering 20.62% in 10 sessions from $34.58 to $41.71 at 17:47 EST on Wednesday, after four sequential sessions in a row of losses. NYSE is falling 0.88% to $15,228.58, following the last session’s downward trend.

XPO Logistics’s last close was $43.07, 4.42% 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 $1.57.

PE Ratio

XPO Logistics has a trailing twelve months price to earnings ratio of 26.57. Meaning, the purchaser of the share is investing $26.57 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%.

Sales Growth

XPO Logistics’s sales growth is negative 46.2% for the present quarter and negative 39.9% for the next.

Volatility

XPO Logistics’s last week, last month’s, and last quarter’s current intraday variation average was 8.41%, 1.94%, and 2.98%.

XPO Logistics’s highest amplitude of average volatility was 8.85% (last week), 2.91% (last month), and 2.98% (last quarter).

Yearly Top and Bottom Value

XPO Logistics’s stock is valued at $41.71 at 17:47 EST, under its 52-week high of $45.06 and way higher than its 52-week low of $24.76.

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).

More news about XPO Logistics (XPO).

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