XO Group, Inc. shares had a trading volume of 167K by the end of trading on Tuesday. Trading volume was up 103.59% over the stocks average daily volume.
Investors are feeling more bearish on shares of XO Group, Inc. as implied by the rise in short interest. The company realized a rise in short interest from September 29, 2017 to October 13, 2017 of 6.29%. Short interest increased 11,801 over that timeframe. The days to cover decreased to 2.0 and the short interest percentage is 0.01% as of October 13.
The following firms have recently changed their position in XOXO. Strs Ohio trimmed its position by selling 3,100 shares a decrease of 7.7% from 06/30/2017 to 09/30/2017. Strs Ohio claims 37,100 shares worth $729,000. The total value of its holdings increased 3.0%. As of the end of the quarter First Midwest Bank Trust Division had acquired a total of 712 shares growing its holdings by 3.2%. The value of the total investment in XO Group, Inc. went from $394,000 to $454,000 a change of 15.2% quarter to quarter.
As of quarter end Nationwide Fund Advisors had sold 778 shares trimming its stake by 4.1%. The value of the investment in (XOXO) increased from $333,000 to $357,000 increasing 7.2% quarter over quarter. State Of New Jersey Common Pension Fund D divested its stake by shedding 20,000 shares a decrease of 5.6% in the quarter. State Of New Jersey Common Pension Fund D now holds 340,000 shares with a value of $6,688,000. The value of the position overall is up by 5.4%.
On October 12 the stock rating was downgraded to “Neutral” from “Buy” in an announcement from Roth Capital.
The company is trading up by 2.78% percent from yesterday’s close. Shares last traded at $19.96 which is marginally higher than the 50 day moving average of $19.70 and a tad above the 200 day moving average of $18.21. The 50 day moving average was up $0.26 and the 200 day average moved up $1.75.
The P/E ratio is 71.29 and the market cap is 498.16M. As of the last earnings report the EPS was $0.28 and is estimated to be $0.33 for the current year with 24,958,000 shares now outstanding. Next quarter’s EPS is estimated at $0.11 and the next full year EPS is anticipated to be $0.54.
XO Group Inc., launched on May 2, 1996, is involved in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Business’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring important celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters). The Company offers multiplatform media and marketplace services that enable its advertising and transaction partners to connect with its audience in the wedding, pregnancy and parenting, nesting and local entertainment markets. The Company reaches its audience through various platforms, including Websites, mobile applications, magazines and books, television and video. The Business’s product offerings include Online Media Advertising, Transactions, and Publishing and Other..