Xero Limited (OTCMKTS:XROLF – Get Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $43.00 and last traded at $43.00, with a volume of 287 shares traded. The stock had previously closed at $45.05.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada cut Xero from an “outperform” rating to a “sector perform” rating in a research note on Monday, July 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.
Get Our Latest Stock Report on Xero
Xero Stock Down 3.0%
Xero Company Profile
Xero Limited is a New Zealand-based technology company that develops cloud-based accounting software for small and medium-sized businesses, accountants and bookkeepers. Its platform is designed to help customers manage core financial and administrative tasks through online tools that can be accessed from connected devices.
Xero’s products and services include invoicing, bill management, bank reconciliation, expense tracking, financial reporting, payroll, project management and cash-flow analysis.
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