QXO Inc. [NASDAQ: QXO] loss -1.83% on the last trading session, reaching $10.75 price per share at the time.
If compared to the average trading volume of 881.42K shares, QXO reached a trading volume of 2764475 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about QXO Inc. [QXO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QXO shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QXO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for QXO Inc. is set at 10.80, with the Price to Sales ratio for QXO stock in the period of the last 12 months amounting to 78.85. The Price to Book ratio for the last quarter was 0.94, with the Price to Cash per share for the same quarter was set at 0.02. Price to Free Cash Flow for QXO in the course of the last twelve months was 2821.39 with Quick ratio for the last quarter at 0.94.
Trading performance analysis for QXO stock
QXO Inc. [QXO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.18. With this latest performance, QXO shares dropped by -80.28% in over the last four-week period, additionally sinking by -89.04% over the last 6 months – not to mention a drop of -56.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for QXO stock in for the last two-week period is set at 34.72, with the RSI for the last a single of trading hit 31.14, and the three-weeks RSI is set at 36.80 for QXO Inc. [QXO]. The present Moving Average for the last 50 days of trading for this stock 76.66, while it was recorded at 10.95 for the last single week of trading, and 93.24 for the last 200 days.
QXO Inc. [QXO]: A deeper dive into fundamental analysis
QXO Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.94 and a Current Ratio set at 0.94.
An analysis of Institutional ownership at QXO Inc. [QXO]
The top three institutional holders of QXO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in QXO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in QXO stock with ownership which is approximately 5.1238%.
