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The closing price of QXO Inc (NYSE: QXO) was $14.72 for the day, up 3.81% from the previous closing price of $14.18. In other words, the price has increased by $3.81 from its previous closing price. On the day, 2.89 million shares were traded. QXO stock price reached its highest trading level at $14.76 during the session, while it also had its lowest trading level at $13.9589.
Ratios:
Our analysis of QXO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 71.09. For the most recent quarter (mrq), Quick Ratio is recorded 112.85 and its Current Ratio is at 112.85. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 06 ’24 when MFN Partners, LP sold 7,000,000 shares for $15.05 per share. The transaction valued at 105,350,000 led to the insider holds 46,908,701 shares of the business.
MFN Partners, LP sold 795,894 shares of QXO for $11,978,205 on Aug 26 ’24. The 10% Owner now owns 53,908,701 shares after completing the transaction at $15.05 per share. On Jun 10 ’24, another insider, Meller Mark, who serves as the Pres., SilverSun Technologies of the company, sold 21,624 shares for $242.41 each. As a result, the insider received 5,241,802 and left with 174 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 6026809856 and an Enterprise Value of 1236414208. For the stock, the TTM Price-to-Sale (P/S) ratio is 105.98 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 21.74 whereas that against EBITDA is -18.424.
Stock Price History:
The Beta on a monthly basis for QXO is 2.25, which has changed by -0.8568093 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. 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 10.89%, while the 200-Day Moving Average is calculated to be -36.29%.
Shares Statistics:
QXO traded an average of 2.47M shares per day over the past three months and 4497110 shares per day over the past ten days. A total of 409.43M shares are outstanding, with a floating share count of 385.81M. Insiders hold about 5.77% of the company’s shares, while institutions hold 78.88% stake in the company. Shares short for QXO as of 1741910400 were 9351075 with a Short Ratio of 3.79, compared to 1739491200 on 6251904. Therefore, it implies a Short% of Shares Outstanding of 9351075 and a Short% of Float of 4.0799997999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
