At the time of writing, QXO Inc. [QXO] stock is trading at $15.53, up 2.98%. An important factor to consider is whether the stock is rising or falling in short-term value. The QXO shares have gain 12.95% over the last week, with a monthly amount glided 10.93%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
For the past year, the stock price of QXO Inc. fluctuated between $10.61 and $290.00. QXO Inc. [NASDAQ: QXO] shares were valued at $15.53 at the most recent close of the market.
Analyzing the QXO fundamentals
According to QXO Inc. [NASDAQ:QXO], the company’s sales were 57.11M for trailing twelve months, which represents an 9.68% jump. 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 14.91 points at the first support level, and at 14.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.17, and for the 2nd resistance point, it is at 16.82.
Ratios To Look Out For
It is important to note that QXO Inc. [NASDAQ:QXO] has a current ratio of 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 111.34, the price to book ratio is 0.02.
Transactions by insiders
Recent insider trading involved MFN Partners, LP, 10% Owner, that happened on Aug 26 ’24 when 0.8 million shares were sold. Pres., SilverSun Technologies, Meller Mark completed a deal on Jun 10 ’24 to sell 21624.0 shares. Meanwhile, Chief Executive Officer Meller Mark sold 53856.0 shares on Jun 03 ’24.
