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As of close of business last night, QXO Inc.’s stock clocked out at $13.81, up 2.68% from its previous closing price of $13.45. In other words, the price has increased by $2.68 from its previous closing price. On the day, 2.35 million shares were traded. QXO stock price reached its highest trading level at $14.48 during the session, while it also had its lowest trading level at $13.55.
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 5.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 80774.69. For the most recent quarter (mrq), Quick Ratio is recorded 61.79 and its Current Ratio is at 61.79. 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 Aug 26 ’24 when MFN Partners, LP sold 795,894 shares for $15.05 per share. The transaction valued at 11,978,205 led to the insider holds 53,908,701 shares of the business.
Meller Mark sold 21,624 shares of QXO for $5,241,802 on Jun 10 ’24. The Pres., SilverSun Technologies now owns 174 shares after completing the transaction at $242.41 per share. On Jun 03 ’24, another insider, Meller Mark, who serves as the Chief Executive Officer of the company, sold 53,856 shares for $18.38 each. As a result, the insider received 989,997 and left with 217,088 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 5654228480 and an Enterprise Value of 5183877120. For the stock, the TTM Price-to-Sale (P/S) ratio is 99.01 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 90.775 whereas that against EBITDA is -2408.481.
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 -67.30%, while the 200-Day Moving Average is calculated to be -82.79%.
Shares Statistics:
It appears that QXO traded 1.54M shares on average per day over the past three months and 3592490 shares per day over the past ten days. A total of 409.43M shares are outstanding, with a floating share count of 392.75M. Insiders hold about 4.07% of the company’s shares, while institutions hold 42.73% stake in the company. Shares short for QXO as of 1723680000 were 875923 with a Short Ratio of 0.57, compared to 1721001600 on 98485. Therefore, it implies a Short% of Shares Outstanding of 875923 and a Short% of Float of 0.21.
