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The closing price of QXO Inc (NYSE: QXO) was $17.06 for the day, down -7.03% from the previous closing price of $18.35. In other words, the price has decreased by -$7.03 from its previous closing price. On the day, 12.7 million shares were traded.
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 1.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.77. For the most recent quarter (mrq), Quick Ratio is recorded 95.23 and its Current Ratio is at 95.23. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 159.32 while its Price-to-Book (P/B) ratio in mrq is 1.53.
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 22.46%, while the 200-Day Moving Average is calculated to be 18.49%.
Shares Statistics:
A total of 518.68M shares are outstanding, with a floating share count of 468.08M. Insiders hold about 9.76% of the company’s shares, while institutions hold 65.22% stake in the company.
