The QXO Inc. (NASDAQ: QXO) Stock Dropped 11.82% In A Single Month – Are There Any Hopes For A Gain?

During the last session, QXO Inc. (NASDAQ:QXO)’s traded shares were 2.35 million, with the beta value of the company hitting 2.30. At the end of the trading day, the stock’s price was $13.81, reflecting an intraday gain of 2.68% or $0.36. The 52-week high for the QXO share is $290.00, that puts it down -1999.93 from that peak though still a striking 23.17% gain since the share price plummeted to a 52-week low of $10.61. The company’s market capitalization is $5.65B, and the average intraday trading volume over the past 10 days was 3.74 million shares, and the average trade volume was 1.54 million shares over the past three months.

QXO Inc. (NASDAQ:QXO) trade information

QXO Inc. (QXO) registered a 2.68% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.68% in intraday trading to $13.81, hitting a weekly high. The stock’s 5-day price performance is -0.65%, and it has moved by 11.82% in 30 days. Based on these gigs, the overall price performance for the year is -44.89%. The short interest in QXO Inc. (NASDAQ:QXO) is 0.88 million shares and it means that shorts have 0.35 day(s) to cover.

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QXO Inc. (QXO) estimates and forecasts

Statistics show that QXO Inc. has outperformed its competitors in share price, compared to the industry in which it operates. QXO Inc. (QXO) shares have gone down -86.18% during the last six months, with a year-to-date growth rate more than the industry average at 119.38% against 17.40.

QXO Dividends

QXO Inc. is due to release its next quarterly earnings in September. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

QXO Inc. (NASDAQ:QXO)’s Major holders