A Business Review Of QXO Inc. (NASDAQ: QXO) And Growth Forecast

ZM Stock

In the last trading session, 3.16 million shares of the QXO Inc. (NASDAQ:QXO) were traded, and its beta was 2.30. Most recently the company’s share price was $13.90, and it changed around -$0.1 or -0.71% from the last close, which brings the market valuation of the company to $5.69B. QXO currently trades at a discount to its 52-week high of $290.00, offering almost -1986.33% off that amount. The share price’s 52-week low was $10.61, which indicates that the current value has risen by an impressive 23.67% since then. We note from QXO Inc.’s average daily trading volume that its 10-day average is 3.42 million shares, with the 3-month average coming to 1.33 million.

QXO Inc. (NASDAQ:QXO) trade information

Instantly QXO has showed a red trend with a performance of -0.71% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 15.61 on recent trading dayincreased the stock’s daily price by 10.95%. The company’s shares are currently down -87.81% year-to-date, but still up 10.14% over the last five days. On the other hand, QXO Inc. (NASDAQ:QXO) is -83.42% down in the 30-day period. We can see from the shorts that 2.74 million shares have been sold at a short interest cover period of 2.09 day(s).

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

QXO Inc. (QXO) estimates and forecasts

QXO Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -87.28 percent over the past six months and at a 119.38% annual growth rate that is well above the industry average of 16.20%.

QXO Dividends

QXO Inc.’s next quarterly earnings report is expected to be released in September.

Roxbury/Hood River Small Cap Growth Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jul 31, 2024 . The former held 3.61 shares worth $50.19 million, making up 0.88% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 14.85 shares worth around $0.21 million, which represents about 0.00% of the total shares outstanding.