Xero Limited (OTCMKTS:XROLF – Get Free Report) shares fell 1.7% during trading on Friday . The company traded as low as $73.70 and last traded at $73.70. 150 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 556 shares. The stock had previously closed at $75.00.
Analyst Ratings Changes
Separately, Royal Bank Of Canada cut Xero from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on Xero
Xero Price Performance
Xero Company Profile
Xero Limited is a global software company specializing in cloud-based accounting solutions designed for small and medium-sized businesses. Its core platform enables users to manage invoicing, bank reconciliation, payroll, expense tracking and inventory in a unified environment. The company’s ecosystem supports seamless integration with a broad range of third-party applications, extending functionality in areas such as payments, analytics, time tracking and e-commerce.
Founded in Wellington, New Zealand, in 2006 by Rod Drury, Xero has grown from a local startup into a multinational technology provider.
Recommended Stories
- Five stocks we like better than Xero
- A month before the crash
- End of America update
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- Terrifying reason Trump killed the U.S. penny?
- Nvidia’s Dirty Secret
Receive News & Ratings for Xero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xero and related companies with MarketBeat.com's FREE daily email newsletter.
