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Stock price is the markets evaluation of a future profitability of a business. It takes into account countless factors including earnings, cash on hand, meeting market expectations and the vagaries of market psychology. Short term trends tend to be based in market psychology factors of fear and greed. Longer term trends are based in the fundamental profitability of the business. After a big run up in the 90's, Xerox has been in a 10 year trading channel between 5 and 20 dollars. The overall trend in the last five years has been negative (if you pull up a 5 year chart of XRX and draw a line connecting the peaks, you will see it has a downward slope.) It has strong support at the $5 price so unless it falls through that. it's likely to remain in this channel.
As for why the general trend is negative, part of it is because the market is pessimistic regarding something it sees in their financials. I don't know what that is but it doesn't really matter since it's futile to argue against the market opinion.
It is also because the market sector this stock belongs to is also in a multi year negative trend. The market sector is sort of like the current when you are swimming. If it's going in the same direction as you, it will carry you farther. If you are going against it, it will slow you down.
The bottom line is, the stock is at the price the market thinks it's worth. You may disagree, but you'll run out of money before the market will.
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∙ 12y ago
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What was the original Xerox stock price in 1936?
Xerox Corp did not exist in 1936. What later became the Xerox Corporation was the Haloid Company, which first offered stock over the counter (OTC) on April 17th 1936 at $20
What is the symbol for Xerox Corporation in the NYSE?
The ticker symbol for Xerox is XRX and it is traded on the New York Stock Exchange
Who is Xerox?
Xerox is the Xerox Corporation, founded in 1906 as the Haloid Photographic Company in Rochester, NY, and now headquartered in Norwalk, CT. The company's stock symbol is XRX.
How much does Anne Mulcahy of Xerox earn?
Anne Mulcahy has retired from the Xerox Corporation and no longer receives a salary from that company. In 2007, her Xerox Salary was $1,320,000. She also received a bonus of $12,139,450 and stock options worth about $25.6 million.
What do Xerox people do?
Xerox people are people who are employed by the Xerox Corporation. There are so many different things these people do that it is not possible to list them all here.
Why is BB VA bank stock dividends so low?
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Stock sales ratio?
A stock to sales ratio determines the relationship between how much stock you have and how much you are selling. Ideally this ration should be as low as possible without being so low that your store appears empty.
What is the best stock ever?
Honeywell is a very great stock. It's risk is low, so it should probably be invested in now. APPLE!!!!!!!!
What is the difference between photocopy and xerox copy?
The term "Xerox copy" is often incorrectly used to mean the same thing as "photocopy." But "Xerox" is a proper noun and a trademark for the Xerox Corporation so "Xerox copy" actually means a copy made on a copier that carries the Xerox brand. The word "photocopy" means any copy that has been made using a photographic process and includes copies made on Xerox machines, and other copiers.
What is the full form of xerox?
The word "Xerox" is not an acronym, and so cannot be expanded into a phrase or sentence. The word is short for the company name, Xerox Corporation. It is also a registered trade mark in its 5-letter form.
A sentence for the word Xerox?
They rented a new Xerox machine from Xerox Corporation.
What is the meaning of xerox in marathi?
XEROX
