QXO Inc [NASDAQ: QXO] slipped around -1.31 points on Thursday, while shares priced at $13.71 at the close of the session, down -8.72%.
Compared to the average trading volume of 2.14M shares, QXO reached a trading volume of 3953808 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 0.78, with the Price to Sales ratio for QXO stock in the period of the last 12 months amounting to 98.76. The Price to Book ratio for the last quarter was 1.24, with the Price to Cash per share for the same quarter was set at 12.31. Price to Free Cash Flow for QXO in the course of the last twelve months was 183.56 with Quick ratio for the last quarter at 258.64.
How has QXO stock performed recently?
QXO Inc [QXO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.27. With this latest performance, QXO shares dropped by -15.06% in over the last four-week period, additionally sinking by -80.88% over the last 6 months – not to mention a drop of -84.68% 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 32.78, with the RSI for the last a single of trading hit 26.24, and the three-weeks RSI is set at 37.23 for QXO Inc [QXO]. The present Moving Average for the last 50 days of trading for this stock 16.02, while it was recorded at 15.02 for the last single week of trading, and 53.23 for the last 200 days.
QXO Inc [QXO]: Deeper insight into the fundamentals
QXO Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 258.64 and a Current Ratio set at 258.64.
Earnings analysis for QXO Inc [QXO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for QXO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for QXO Inc go to 20.00%.
