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RXO Inc (NYSE: RXO) closed the day trading at $27.84 up 0.14% from the previous closing price of $27.80. In other words, the price has increased by $0.14 from its previous closing price. On the day, 0.73 million shares were traded. RXO stock price reached its highest trading level at $28.1999 during the session, while it also had its lowest trading level at $27.5.
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 October 09, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $33.Citigroup initiated its Buy rating on October 09, 2024, with a $33 target price.
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 12 ’24 when MFN Partners, LP bought 10,266,810 shares for $20.21 per share. The transaction valued at 207,492,230 led to the insider holds 27,577,666 shares of the business.
MFN Partners, LP bought 61 shares of RXO for $1,244 on May 09 ’24. The 10% Owner now owns 17,310,856 shares after completing the transaction at $20.39 per share. On May 06 ’24, another insider, MFN Partners, LP, who serves as the 10% Owner of the company, bought 361 shares for $20.40 each. As a result, the insider paid 7,364 and bolstered with 17,310,795 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 4476393472 and an Enterprise Value of 5124395008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 1.327 whereas that against EBITDA is 47.448.
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 $17.96. The 50-Day Moving Average of the stock is -0.01%, while the 200-Day Moving Average is calculated to be 13.85%.
Shares Statistics:
Over the past 3-months, RXO traded about 1.23M shares per day on average, while over the past 10 days, RXO traded about 1074490 shares per day. A total of 160.79M shares are outstanding, with a floating share count of 158.29M. Insiders hold about 1.56% of the company’s shares, while institutions hold 92.30% stake in the company. Shares short for RXO as of 1730332800 were 4059522 with a Short Ratio of 3.29, compared to 1727654400 on 5163189. Therefore, it implies a Short% of Shares Outstanding of 4059522 and a Short% of Float of 4.9399999999999995.
