QXO Inc (NYSE:QXO) shares, rose in value on Wednesday, June 18, with the stock price up by 11.66% to the previous day’s close as strong demand from buyers drove the stock to $22.50.
Actively observing the price movement in the last trading, the stock closed the session at $20.15, falling within a range of $20.5 and $23.52. The value of beta (5-year monthly) was 2.344. Referring to stock’s 52-week performance, its high was $157.28, and the low was $10.61. On the whole, QXO has fluctuated by 28.50% over the past month.
With the market capitalization of QXO Inc currently standing at about $13.01 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of QXO currently trading nearly 22.61% and 42.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 78.48, while the 7-day volatility ratio is showing 5.76% which for the 30-day chart, stands at 4.62%. Furthermore, QXO Inc (QXO)’s beta value is 2.37, and its average true range (ATR) is 1.07.
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 11.66% in last session, and over the past year, it shrunk by -83.24%%.
Data on historical trading for QXO Inc (NYSE:QXO) indicates that the trading volumes over the past 10 days have averaged 8.93 and over the past 3 months, they’ve averaged 6.20 million. According to company’s latest data on outstanding shares, there are 578.26 million shares outstanding.
Nearly 11.89% of QXO Inc’s shares belong to company insiders and institutional investors own 57.68% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 28.13 million shares as on 2025-05-30, resulting in a short ratio of 3.96. According to the data, the short interest in QXO Inc (QXO) stood at 1353.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 19.23 million. The stock has risen by 41.51% 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.
