Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Xero Limited ( (AU:XRO) ) just unveiled an update.
Xero Limited announced the cessation of 91,229 restricted stock units due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation of securities may impact the company’s capital structure and could have implications for stakeholders, reflecting on Xero’s operational adjustments and strategic focus within the competitive software industry.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$225.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
More about Xero Limited
Xero Limited operates in the software industry, primarily providing cloud-based accounting software solutions for small and medium-sized businesses. The company focuses on delivering tools that simplify financial management and enhance business productivity.
Average Trading Volume: 549,357
Technical Sentiment Signal: Sell
Current Market Cap: A$20.24B
For an in-depth examination of XRO stock, go to TipRanks’ Overview page.