For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
QXO Inc (NASDAQ: QXO) closed the day trading at $15.28 down -3.78% from the previous closing price of $15.88. In other words, the price has decreased by -$3.78 from its previous closing price. On the day, 0.94 million shares were traded. QXO stock price reached its highest trading level at $15.96 during the session, while it also had its lowest trading level at $15.245.
Ratios:
For a better understanding of QXO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 204.58. 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 6256090624 and an Enterprise Value of 1718271360. For the stock, the TTM Price-to-Sale (P/S) ratio is 110.06 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 30.231 whereas that against EBITDA is -47.249.
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 -4.78%, while the 200-Day Moving Average is calculated to be -69.78%.
Shares Statistics:
Over the past 3-months, QXO traded about 2.11M shares per day on average, while over the past 10 days, QXO traded about 1659500 shares per day. A total of 409.43M shares are outstanding, with a floating share count of 385.88M. Insiders hold about 5.75% of the company’s shares, while institutions hold 74.97% stake in the company. Shares short for QXO as of 1734048000 were 4458505 with a Short Ratio of 2.11, compared to 1731628800 on 4988659. Therefore, it implies a Short% of Shares Outstanding of 4458505 and a Short% of Float of 1.94.
