At the time of writing, QXO Inc [QXO] stock is trading at $13.38, up 1.98%. 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 5.02% over the last week, with a monthly amount drifted -7.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of QXO Inc fluctuated between $10.61 and $290.00. QXO Inc [NYSE: QXO] shares were valued at $13.38 at the most recent close of the market.
Analyzing the QXO fundamentals
According to QXO Inc [NYSE:QXO], the company’s sales were 56.87M for trailing twelve months, which represents an 0.23% jump. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -1.25%, Pretax Profit Margin comes in at 0.89%, and Net Profit Margin reading is 0.49%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 13.06 points at the first support level, and at 12.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.55, and for the 2nd resistance point, it is at 13.72.
Ratios To Look Out For
It is important to note that QXO Inc [NYSE:QXO] has a current ratio of 112.85. In addition, the Quick Ratio stands at 112.85 and the Cash Ratio stands at 112.38. Considering the valuation of this stock, the price to sales ratio is 96.33, the price to book ratio is 1.20.
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.
