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After finishing at $14.87 in the prior trading day, QXO Inc. (NASDAQ: QXO) closed at $15.08, up 1.41%. In other words, the price has increased by $1.41 from its previous closing price. On the day, 21.23 million shares were traded. QXO stock price reached its highest trading level at $15.31 during the session, while it also had its lowest trading level at $14.36.
Ratios:
Our goal is to gain a better understanding of QXO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 88202.92. For the most recent quarter (mrq), Quick Ratio is recorded 61.79 and its Current Ratio is at 61.79. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 26 ’24 when MFN Partners, LP sold 795,894 shares for $15.05 per share. The transaction valued at 11,978,205 led to the insider holds 53,908,701 shares of the business.
Meller Mark sold 21,624 shares of QXO for $5,241,802 on Jun 10 ’24. The Pres., SilverSun Technologies now owns 174 shares after completing the transaction at $242.41 per share. On Jun 03 ’24, another insider, Meller Mark, who serves as the Chief Executive Officer of the company, sold 53,856 shares for $18.38 each. As a result, the insider received 989,997 and left with 217,088 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QXO now has a Market Capitalization of 6174204416 and an Enterprise Value of 5703853568. For the stock, the TTM Price-to-Sale (P/S) ratio is 108.11 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 99.88 whereas that against EBITDA is -2650.067.
Stock Price History:
Over the past 52 weeks, QXO has reached a high of $290.00, while it has fallen to a 52-week low of $10.61. The 50-Day Moving Average of the stock is -44.89%, while the 200-Day Moving Average is calculated to be -81.05%.
Shares Statistics:
The stock has traded on average 2.10M shares per day over the past 3-months and 4912920 shares per day over the last 10 days, according to various share statistics. A total of 409.43M shares are outstanding, with a floating share count of 392.75M. Insiders hold about 4.07% of the company’s shares, while institutions hold 42.73% stake in the company. Shares short for QXO as of 1724976000 were 527989 with a Short Ratio of 0.25, compared to 1722384000 on 2741034. Therefore, it implies a Short% of Shares Outstanding of 527989 and a Short% of Float of 0.13.
