QXO Inc. [QXO] stock prices are up 11.19% to $12.62 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The QXO shares have gain 13.08% over the last week, with a monthly amount drifted -81.20%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of QXO Inc. [QXO] has been fluctuating between $10.61 and $290.00 over the past year. QXO Inc. [NASDAQ: QXO] shares were valued at $12.62 at the most recent close of the market.
Analyzing the QXO fundamentals
The QXO Inc. [NASDAQ:QXO] reported sales of 57.11M for trailing twelve months, representing a surge of 9.68%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.56 points at the first support level, and at 10.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.28, and for the 2nd resistance point, it is at 13.94.
Ratios To Look Out For
It’s worth pointing out that QXO Inc. [NASDAQ:QXO]’s Current Ratio is 61.79. On the other hand, the Quick Ratio is 61.79, and the Cash Ratio is 61.3. Considering the valuation of this stock, the price to sales ratio is 90.47, the price to book ratio is 0.02.
Transactions by insiders
Recent insider trading involved Meller Mark, Pres., SilverSun Technologies, that happened on Jun 10 ’24 when 21624.0 shares were sold. Chief Executive Officer, Meller Mark completed a deal on Jun 03 ’24 to sell 53856.0 shares. Meanwhile, Chief Executive Officer Meller Mark sold 42700.0 shares on Jun 04 ’24.
