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XPO Logistics Stock Went Down By Over 9% So Far Today

ViaNews Editorial Team

February 9, 2023

XPO Logistics Stock Went Down By Over 9% So Far Today

(VIANEWS) - Shares of XPO Logistics (NYSE: XPO) fell 9.85% to $39.65 at 11:23 EST on Thursday, after two consecutive sessions in a row of losses. NYSE is rising 0.49% to $16,012.89, following the last session's downward trend. This seems, so far, a somewhat positive trend trading session today.

XPO Logistics's last close was $43.98, 50.02% under its 52-week high of $88.00.

About XPO Logistics

XPO Logistics, 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 Brokerage and Other Services. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite regional, inter-regional, and transcontinental LTL freight services. This segment also offers cross-border U.S. service to and from Mexico and Canada, as well as intra-Canada service. The Brokerage and Other Services segment offers last mile logistics for heavy goods sold through e-commerce, omnichannel retail, and direct-to-consumer channels, as well as other non-core brokered freight transportation modes. 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 incorporated in 2000 and is based in Greenwich, Connecticut.

Earnings Per Share

As for profitability, XPO Logistics has a trailing twelve months EPS of $1.66.

PE Ratio

XPO Logistics has a trailing twelve months price to earnings ratio of 23.87. Meaning, the purchaser of the share is investing $23.87 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 33.2%.

More news about XPO Logistics (XPO).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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