Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
RXO Inc (NYSE: RXO) closed the day trading at $29.03 down -3.33% from the previous closing price of $30.03. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 0.63 million shares were traded. RXO stock price reached its highest trading level at $29.84 during the session, while it also had its lowest trading level at $29.0.
Ratios:
For a better understanding of RXO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.37.
On November 12, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $33.
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 Nov 12 ’24 when Nettles Michelle bought 1,800 shares for $27.89 per share. The transaction valued at 50,202 led to the insider holds 15,185 shares of the business.
MFN Partners, LP bought 10,266,810 shares of RXO for $207,492,230 on Aug 12 ’24. The 10% Owner now owns 27,577,666 shares after completing the transaction at $20.21 per share. On May 09 ’24, another insider, MFN Partners, LP, who serves as the 10% Owner of the company, bought 61 shares for $20.39 each. As a result, the insider paid 1,244 and bolstered with 17,310,856 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, RXO now has a Market Capitalization of 4667734016 and an Enterprise Value of 5315735552. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 2.83. Its current Enterprise Value per Revenue stands at 1.377 whereas that against EBITDA is 49.22.
Stock Price History:
Over the past 52 weeks, RXO has reached a high of $32.82, while it has fallen to a 52-week low of $18.75. The 50-Day Moving Average of the stock is 1.92%, while the 200-Day Moving Average is calculated to be 16.40%.
Shares Statistics:
Over the past 3-months, RXO traded about 1.29M shares per day on average, while over the past 10 days, RXO traded about 775430 shares per day. A total of 160.79M shares are outstanding, with a floating share count of 158.33M. Insiders hold about 1.53% of the company’s shares, while institutions hold 102.03% stake in the company. Shares short for RXO as of 1731628800 were 4093278 with a Short Ratio of 3.18, compared to 1728950400 on 3949203. Therefore, it implies a Short% of Shares Outstanding of 4093278 and a Short% of Float of 4.9799999999999995.
