XP Inc (NASDAQ:XP) price closed lower on Tuesday, April 16, dropping -3.77% below its previous close.
A look at the daily price movement shows that the last close reads $22.55. The company’s P/E ratio in the trailing 12-month period read 15.10. Taking into account the 52-week price action we note that the stock hit a 52-week high of $27.71 and 52-week low of $12.78. The stock subtracted -14.47% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give XP a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.10. The overview shows that XP’s price is at present -12.85% off the SMA20 and -12.65% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 24.25, with weekly volatility standing at 3.17%. The indicator jumps to 2.61% when calculated based on the past 30 days. XP Inc (NASDAQ:XP)’s beta value is holding at 1.68, while the average true range (ATR) indicator is currently reading 0.74.
An analysis of the XP Inc (NASDAQ:XP) stock in terms of its daily trading volume indicates that the 3-month average is 5.31 million.
Current records show that the company has 435.72M in outstanding shares. The insiders’ percentage holdings are 35.50% of outstanding shares while the percentage share held by institutions stands at 48.51%. But the -16.76% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
