Xero (OTCMKTS:XROLF – Get Free Report) is anticipated to announce its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.3575 per share and revenue of $875.0190 million for the quarter.
Xero Stock Performance
OTCMKTS:XROLF opened at $62.00 on Tuesday. Xero has a fifty-two week low of $48.15 and a fifty-two week high of $130.00. The stock has a fifty day moving average price of $55.52 and a 200-day moving average price of $67.69.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada upgraded Xero from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.
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.
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