RXO Inc (RXO) is 1.92% away from 50-day simple Moving Average despite all headwinds

RXO Inc (NYSE: RXO) kicked off on Tuesday, down -3.33% from the previous trading day, before settling in for the closing price of $30.03. Over the past 52 weeks, RXO has traded in a range of $18.75-$32.82.

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A company in the Industrials sector has jumped its sales by 7.68% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -60.09%. With a float of $158.33 million, this company’s outstanding shares have now reached $160.79 million.

In an organization with 8432 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 22.93%, operating margin of -0.32%, and the pretax margin is -0.89%.

RXO Inc (RXO) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Trucking Industry. The insider ownership of RXO Inc is 1.53%, while institutional ownership is 102.03%. The most recent insider transaction that took place on Nov 12 ’24, was worth 50,202. In this transaction Director of this company bought 1,800 shares at a rate of $27.89, taking the stock ownership to the 15,185 shares. Before that another transaction happened on Aug 12 ’24, when Company’s 10% Owner bought 10,266,810 for $20.21, making the entire transaction worth $207,492,230. This insider now owns 27,577,666 shares in total.

RXO Inc (RXO) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -60.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 38.67% during the next five years compared to -49.92% drop over the previous five years of trading.

RXO Inc (NYSE: RXO) Trading Performance Indicators

Take a look at RXO Inc’s (RXO) current performance indicators. Last quarter, stock had a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.98, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.53 in one year’s time.

Technical Analysis of RXO Inc (RXO)

Let’s dig in a bit further. During the last 5-days, its volume was 0.72 million. That was inferior than the volume of 0.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.35%. Additionally, its Average True Range was 1.04.

During the past 100 days, RXO Inc’s (RXO) raw stochastic average was set at 53.54%, which indicates a significant increase from 53.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.24% in the past 14 days, which was lower than the 45.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.48, while its 200-day Moving Average is $24.94. However, in the short run, RXO Inc’s stock first resistance to watch stands at $29.72. Second resistance stands at $30.42. The third major resistance level sits at $30.78. If the price goes on to break the first support level at $28.67, it is likely to go to the next support level at $28.31. The third support level lies at $27.61 if the price breaches the second support level.

RXO Inc (NYSE: RXO) Key Stats

The company with the Market Capitalisation of 4.67 billion has total of 160,790K Shares Outstanding. Its annual sales at the moment are 3,927 M in contrast with the sum of 4,000 K annual income. Company’s last quarter sales were recorded 1,040 M and last quarter income was -243,000 K.