QXO Inc (NYSE:QXO) has a beta value of 2.39 and has seen 6.75 million shares traded in the last trading session. The company, currently valued at $13.60B, closed the last trade at $23.51 per share which meant it lost -$0.61 on the day or -2.53% during that session. The QXO stock price is -568.99% off its 52-week high price of $157.28 and 54.87% 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 9.34 million shares traded. The 3-month trading volume is 6.55 million shares.
QXO Inc (NYSE:QXO) trade information
Sporting -2.53% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the QXO stock price touched $23.51 or saw a rise of 4.78%. Year-to-date, QXO Inc shares have moved -71.32%, while the 5-day performance has seen it change 17.02%. Over the past 30 days, the shares of QXO Inc (NYSE:QXO) have changed 39.77%. Short interest in the company has seen 28.13 million shares shorted with days to cover at 3.96.
QXO Inc (QXO) estimates and forecasts
The company’s shares have gained 47.03% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 55.18% over the past 5 years.
QXO Dividends
QXO Inc is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
QXO Inc (NYSE:QXO)’s Major holders
Insiders own 0.10% of the company shares, while shares held by institutions stand at 66.53% with a share float percentage of 66.59%. Investors are also buoyed by the number of investors in a company, with QXO Inc having a total of 278.0 institutions that hold shares in the company. The top two institutional holders are CITADEL ADVISORS LLC with over 9.3 million shares worth more than $85.09 million. As of 2024-06-30, CITADEL ADVISORS LLC held 2.5922% of shares outstanding.
The other major institutional holder is DRIEHAUS CAPITAL MANAGEMENT LLC, with the holding of over 2.24 million shares as of 2024-06-30. The firm’s total holdings are worth over $20.49 million and represent 0.6247% of shares outstanding.
