Quarterly Metrics: Quick and Current Ratios for QXO Inc (QXO)

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As of close of business last night, QXO Inc’s stock clocked out at $15.99, down -1.78% from its previous closing price of $16.28. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 2.18 million shares were traded. QXO stock price reached its highest trading level at $16.63 during the session, while it also had its lowest trading level at $15.945.

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 1.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 214.09. 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:

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 6546785792 and an Enterprise Value of 2008966784. For the stock, the TTM Price-to-Sale (P/S) ratio is 115.18 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 35.345 whereas that against EBITDA is -55.243.

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 0.28%, while the 200-Day Moving Average is calculated to be -71.20%.

Shares Statistics:

It appears that QXO traded 2.32M shares on average per day over the past three months and 1990420 shares per day over the past ten days. A total of 409.43M shares are outstanding, with a floating share count of 386.08M. Insiders hold about 5.70% of the company’s shares, while institutions hold 74.58% stake in the company. Shares short for QXO as of 1732838400 were 6207554 with a Short Ratio of 2.68, compared to 1730332800 on 5014640. Therefore, it implies a Short% of Shares Outstanding of 6207554 and a Short% of Float of 2.71.

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