In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of QXO Inc (NYSE: QXO) closed at $13.47 in the last session, up 1.43% from day before closing price of $13.28. In other words, the price has increased by $1.43 from its previous closing price. On the day, 1.57 million shares were traded. QXO stock price reached its highest trading level at $13.69 during the session, while it also had its lowest trading level at $13.2739.
Ratios:
We take a closer look at QXO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 180.35. For the most recent quarter (mrq), Quick Ratio is recorded 258.64 and its Current Ratio is at 258.64. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 5515022336 and an Enterprise Value of 977202752. For the stock, the TTM Price-to-Sale (P/S) ratio is 97.03 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 17.193 whereas that against EBITDA is -26.871.
Stock Price History:
The Beta on a monthly basis for QXO is 2.34, which has changed by -0.88722825 over the last 52 weeks, in comparison to a change of 0.21659255 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 -11.98%, while the 200-Day Moving Average is calculated to be -68.48%.
Shares Statistics:
According to the various share statistics, QXO traded on average about 2.33M shares per day over the past 3-months and 2104890 shares per day over the past 10 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 76.87% stake in the company. Shares short for QXO as of 1736899200 were 5690096 with a Short Ratio of 2.44, compared to 1734048000 on 4458505. Therefore, it implies a Short% of Shares Outstanding of 5690096 and a Short% of Float of 2.48.
