QXO Inc. (NASDAQ:QXO) does about 2.76M shares in volume on a normal day but saw 850190 shares change hands in the recent trading day. The company now has a market cap of 6.28B USD. Its current market price is $15.34, marking a decrease of -3.82% compared to the previous close of $15.95. The 52 week high reached by this stock is $290.00 whilst the lowest price level in 52 weeks is $10.61.
QXO Inc. (QXO) has a 20-day trading average at $14.98 and the current price is -94.71% off the 52-week high compared with 44.58% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.91 and its 200-day simple moving average is $85.29. If we look at the stock’s price movements over the week, volatility stands at 4.79%, which increases to 5.52% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 47.40 to suggest the stock is neutral.
The consensus objective for the share price is $5.00, suggesting that the stock has a potential downside of -206.8% over the period.
The current price level is 2.40%, 10.30%, and -79.45% away from its SMA20, SMA50, and SMA200 respectively, with the QXO price moving above the 50-day SMA on current market day. QXO Inc. (QXO) stock is up 3.86% over the week and 11.56% over the past month. Its price is -86.55% year-to-date and -33.86% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.04 and 0.32 for whole year. Expected sales for next quarter are $15M, which analysts say will come at $58M for the current fiscal year and next year at $7.44B. In addition, estimates put the company’s current quarterly revenue at an average of $14M.
To reach the target analysts have set, the stock logically needs to shrink -206.8 percent from here.
The company has a return on investment of -0.22% and return on equity of -0.44%. The beta has a value of 2.31. Price to book ratio is 0.02 and price to sales ratio is 109.97.
