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.
After finishing at $17.39 in the prior trading day, QXO Inc (NASDAQ: QXO) closed at $16.16, down -7.07%. In other words, the price has decreased by -$7.07 from its previous closing price. On the day, 3.0 million shares were traded. QXO stock price reached its highest trading level at $17.59 during the session, while it also had its lowest trading level at $16.0.
Ratios:
Our goal is to gain a better understanding of QXO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 220.03. 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:
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 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 6616389120 and an Enterprise Value of 2078569984. For the stock, the TTM Price-to-Sale (P/S) ratio is 118.38 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 36.57 whereas that against EBITDA is -57.157.
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 3.02%, while the 200-Day Moving Average is calculated to be -72.46%.
Shares Statistics:
The stock has traded on average 2.50M shares per day over the past 3-months and 2852990 shares per day over the last 10 days, according to various share statistics. 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 1731628800 were 4988659 with a Short Ratio of 2.00, compared to 1728950400 on 4611168. Therefore, it implies a Short% of Shares Outstanding of 4988659 and a Short% of Float of 2.18.
