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 -9.86%.However, over the last six months, we can see a stronger performance of -26.15%. Over the last 30 days, the price of RXO has leaped by -14.62%. And in the last five days, it has fallen by -17.03%.
RXO Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $32.82 on 07/31/24 and the lowest value was $18.75 on 04/30/24.
52-week price history of RXO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. RXO Inc’s current trading price is -34.52% away from its 52-week high, while its distance from the 52-week low is 14.61%. The stock’s price range during this period has varied between$18.75 and $32.82. The RXO Inc’s shares, which operate in the Industrials, saw a trading volume of around 3.66 million for the day, a figure considerably higher than their average daily volume of 1.04 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
RXO Inc (RXO) has experienced a quarterly decline of -23.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.46B and boasts a workforce of 8432 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 27.13, with a change in price of -4.08. Similarly, RXO Inc recorded 1,158,342 in trading volume during the last 100 days, posting a change of -15.96%.
RXO’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 RXO stands at 0.43. Similarly, the long-term debt-to-equity ratio is also 0.37.
RXO Stock Stochastic Average
RXO Inc’s raw stochastic average for the past 50 days is presently 9.29%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 15.35%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 34.06% and 46.32%, respectively.
