XPO Logistics Stock Went Up By Over 32% In The Last 21 Sessions

(VIANEWS) – Shares of XPO Logistics (NYSE: XPO) rose by a staggering 32.07% in 21 sessions from $33.3 to $43.98 at 14:13 EST on Monday, after four sequential sessions in a row of gains. NYSE is rising 0.14% to $15,567.33, after two sequential sessions in a row of gains.

XPO Logistics’s last close was $44.18, 1.95% under 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 $1.68.

PE Ratio

XPO Logistics has a trailing twelve months price to earnings ratio of 26.18. Meaning, the purchaser of the share is investing $26.18 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%.

Volume

Today’s last reported volume for XPO Logistics is 764576 which is 66.23% below its average volume of 2171730.

Earnings Before Interest, Taxes, Depreciation, and Amortization

XPO Logistics’s EBITDA is 149.23.

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).

Moving Average

XPO Logistics’s value is way higher than its 50-day moving average of $34.59 and way higher than its 200-day moving average of $33.45.

More news about XPO Logistics (XPO).

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