QXO Inc (QXO) Stock Up 3.72%: Is It a Good Investment?

QXO Inc [QXO] stock is trading at $12.81, up 3.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The QXO shares have gain 6.66% over the last week, with a monthly amount drifted -3.61%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

QXO Inc [QXO] stock has fluctuated between $10.61 and $290.00 over the past year. QXO Inc [NYSE: QXO] shares were valued at $12.81 at the most recent close of the market.

Analyzing the QXO fundamentals

QXO Inc [NYSE:QXO] reported sales of 56.84M for the trailing twelve months, which represents a drop of -2.00%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at -0.66%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is -0.01. 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 12.29 points at the first support level, and at 11.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.20, and for the 2nd resistance point, it is at 13.58.

Ratios To Look Out For

For context, QXO Inc’s Current Ratio is 258.64. In addition, the Quick Ratio stands at 258.64 and the Cash Ratio stands at 257.69. Considering the valuation of this stock, the price to sales ratio is 92.27, the price to book ratio is 1.15.

Transactions by insiders

Recent insider trading involved MFN Partners, LP, 10% Owner, that happened on Nov 06 ’24 when 7.0 million shares were sold. 10% Owner, MFN Partners, LP completed a deal on Aug 26 ’24 to sell 0.8 million shares. Meanwhile, Pres., SilverSun Technologies Meller Mark sold 21624.0 shares on Jun 10 ’24.

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