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Xoom Corporation (NASDAQ:XOOM) shares hit a new 52-week low on Monday , American Banking and Market News reports. The company traded as low as $17.39 and last traded at $17.45, with a volume of 838,346 shares trading hands. The stock had previously closed at $18.18.

Several analysts have recently commented on the stock. Analysts at Evercore Partners initiated coverage on shares of Xoom Corporation in a research note on Wednesday, March 5th. They set an “underweight” rating and a $15.00 price target on the stock. Analysts at Raymond James upgraded shares of Xoom Corporation from a “market perform” rating to a “strong-buy” rating in a research note on Monday, January 27th. They now have a $33.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Xoom Corporation presently has an average rating of “Buy” and a consensus target price of $34.20.

The stock’s 50-day moving average is $23.88 and its 200-day moving average is $27.52. The company has a market cap of $640.3 million and a P/E ratio of 106.94.

Xoom Corporation (NASDAQ:XOOM) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.07. The company had revenue of $32.10 million for the quarter, compared to the consensus estimate of $31.20 million. The company’s revenue for the quarter was up 44.6% on a year-over-year basis. Analysts expect that Xoom Corporation will post $0.09 EPS for the current fiscal year.

Xoom Corporation (NASDAQ:XOOM) is engaged in online international money transfer service.

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