Future Outlook And QXO Inc. Stock Price Performance

In the last trading session, 1.92 million shares of the QXO Inc. (NASDAQ:QXO) were traded, and its beta was 2.33. Most recently the company’s share price was $14.77, and it changed around $1.1 or 8.05% from the last close, which brings the market valuation of the company to $6.05B. QXO currently trades at a discount to its 52-week high of $290.00, offering almost -1863.44% off that amount. The share price’s 52-week low was $10.61, which indicates that the current value has risen by an impressive 28.17% since then. We note from QXO Inc.’s average daily trading volume that its 10-day average is 1.44 million shares, with the 3-month average coming to 2.65 million.

QXO Inc. (NASDAQ:QXO) trade information

Instantly QXO has showed a green trend with a performance of 8.05% 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 14.97 on recent trading dayincreased the stock’s daily price by 1.34%. The company’s shares are currently down -87.05% year-to-date, but still up 0.89% over the last five days. On the other hand, QXO Inc. (NASDAQ:QXO) is -0.74% down in the 30-day period. We can see from the shorts that 1.59 million shares have been sold at a short interest cover period of 0.52 day(s).

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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 -82.93 percent over the past six months and at a 120.00% annual growth rate that is well above the industry average of 17.90%.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 14M in revenue for the current quarter. 1 analysts expect QXO Inc. to make 15M in revenue for the current ending quarter.

QXO Dividends

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