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QXO Inc. (QXO) Stock: A Year of Declines and Increases

Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. QXO Inc.’s current trading price is -94.91% away from its 52-week high, while its distance from the 52-week low is 39.07%. The stock’s price range over this period has fluctuated between $10.61 and $290.00. The company, operating within the financial sector, had a trading volume of approximately 6.02 million for the day, which was noticeably higher than the average daily share volume of 1.38 million over the last 3 months.

QXO Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $290.00 on 06/10/24 and a low of $10.61 for the same time frame on 08/07/24.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

QXO Inc. (QXO) has experienced a quarterly decline of -86.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.04B and boasts a workforce of 195 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 89.25, with a change in price of -89.25. Similarly, QXO Inc. recorded 929,524 in trading volume during the last 100 days, posting a change of -85.81%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for QXO stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

QXO Stock Stochastic Average

Today, QXO Inc.’s raw stochastic average for the past 50 days stands at 2.62%, indicating a decline from the raw stochastic average of the last 20 days, which was 82.90%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.76% and 12.54% respectively.

QXO Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price loss of -87.06% this year. Over the last six months, there has been a stronger performance of -87.65%. The price of QXO leaped by -81.25% during the last 30 days period. For the last 5-days stocks have improved 20.35%.

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