QXO Inc (NYSE:QXO) shares, rose in value on Wednesday, March 26, with the stock price down by -2.16% to the previous day’s close as strong demand from buyers drove the stock to $13.56.
Actively observing the price movement in the last trading, the stock closed the session at $13.86, falling within a range of $13.4 and $13.9575. The value of beta (5-year monthly) was 2.318. Referring to stock’s 52-week performance, its high was $290.00, and the low was $10.61. On the whole, QXO has fluctuated by 12.91% over the past month.
With the market capitalization of QXO Inc currently standing at about $5.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.56B, with a low estimate of 12M and a high estimate of 12M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 12M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that QXO’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of QXO currently trading nearly 3.92% and 1.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.14, while the 7-day volatility ratio is showing 6.45% which for the 30-day chart, stands at 5.47%. Furthermore, QXO Inc (QXO)’s beta value is 2.19, and its average true range (ATR) is 0.71.
A comparison of QXO Inc (QXO) with its peers suggests the former has fared considerably weaker in the market. QXO showed an intraday change of -2.16% in last session, and over the past year, it shrunk by -84.46%%.
Data on historical trading for QXO Inc (NYSE:QXO) indicates that the trading volumes over the past 10 days have averaged 4.65 and over the past 3 months, they’ve averaged 2.41 million. According to company’s latest data on outstanding shares, there are 409.43 million shares outstanding.
Nearly 5.77% of QXO Inc’s shares belong to company insiders and institutional investors own 78.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.35 million shares as on 2025-03-14, resulting in a short ratio of 4.41. According to the data, the short interest in QXO Inc (QXO) stood at 408.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 6.25 million. The stock has fallen by -14.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the QXO stock heading into the next quarter.
