Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, QXO Inc’s stock clocked out at $12.31, up 0.74% from its previous closing price of $12.22. In other words, the price has increased by $0.74 from its previous closing price. On the day, 1.47 million shares were traded.
Ratios:
To gain a deeper understanding of QXO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 164.82. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 88.67 while its Price-to-Book (P/B) ratio in mrq is 1.11.
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 -14.11%, while the 200-Day Moving Average is calculated to be -67.46%.
Shares Statistics:
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 78.30% stake in the company.
