The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -3.33%.However, over the last six months, we can see a stronger performance of -75.85%. Over the last 30 days, the price of QXO has leaped by -11.26%. And in the last five days, it has fallen by -1.98%.
QXO Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $290.00 on 06/10/24 and the lowest value was $10.61 on 08/07/24.
52-week price history of QXO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. QXO Inc’s current trading price is -94.70% away from its 52-week high, while its distance from the 52-week low is 44.86%. The stock’s price range during this period has varied between$10.61 and $290.00. The QXO Inc’s shares, which operate in the Technology, saw a trading volume of around 1.11 million for the day, a figure considerably lower than their average daily volume of 2.05 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
QXO Inc (QXO) has experienced a quarterly rise of 7.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.29B and boasts a workforce of 195 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.12, with a change in price of +4.21. Similarly, QXO Inc recorded 2,458,915 in trading volume during the last 100 days, posting a change of +37.72%.
QXO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
QXO Inc’s raw stochastic average for the past 50 days is presently 22.16%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 14.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 26.84% and 25.20%, respectively.