How Is QXO Inc.. (NASDAQ: QXO) Expected To Fare In The Coming Months?

QXO Inc. (NASDAQ:QXO) has a beta value of 2.32 and has seen 3.45 million shares traded in the last trading session. The company, currently valued at $4.57B, closed the last trade at $11.16 per share which meant it gained $0.01 on the day or 0.09% during that session. The QXO stock price is -2498.57% off its 52-week high price of $290.00 and 4.93% above the 52-week low of $10.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.07 million shares traded. The 3-month trading volume is 779.71K shares.

QXO Inc. (NASDAQ:QXO) trade information

Sporting 0.09% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the QXO stock price touched $11.16 or saw a rise of 7.0%. Year-to-date, QXO Inc. shares have moved -90.21%, while the 5-day performance has seen it change -6.92%. Over the past 30 days, the shares of QXO Inc. (NASDAQ:QXO) have changed -73.26%. Short interest in the company has seen 98485.0 shares shorted with days to cover at 3.39.

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QXO Inc. (QXO) estimates and forecasts

Figures show that QXO Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -87.48% over the past 6 months, with this year growth rate of 119.38%, compared to 14.80% for the industry. Revenue growth from the last financial year stood is estimated to be 17.60%.

1 analysts offering their estimates for the company have set an average revenue estimate of 10.72M for the current quarter. 1 have an estimated revenue figure of 10.54M for the next ending quarter. Year-ago sales stood 8.75M and 9.31M respectively for this quarter and the next, and analysts expect sales will grow by 22.50% for the current quarter and 17.60% for the next.