$1.29M in average volume shows that RXO Inc (RXO) is heading in the right direction

RXO Inc (NYSE: RXO) on Tuesday, plunged -0.91% from the previous trading day, before settling in for the closing price of $28.62. Within the past 52 weeks, RXO’s price has moved between $18.75 and $32.82.

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Industrials Sector giant saw their annual sales surged by 7.68% over the last five years. The company achieved an average annual earnings per share of -60.09%. With a float of $158.33 million, this company’s outstanding shares have now reached $160.79 million.

The firm has a total of 8432 workers. Let’s measure their productivity. 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 Activity

Observing investor behavior towards Trucking industry stocks is more important than anything else. 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) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.

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

RXO Inc (RXO) is currently performing well based on its current performance indicators. A quick ratio of 1.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18.

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)

Analysing the last 5-days average volume posted by the [RXO Inc, RXO], we can find that recorded value of 0.82 million was lower than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 15.40%. Additionally, its Average True Range was 1.02.

During the past 100 days, RXO Inc’s (RXO) raw stochastic average was set at 45.33%, which indicates a significant increase from 31.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.50% in the past 14 days, which was lower than the 43.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.59, while its 200-day Moving Average is $25.12. Now, the first resistance to watch is $28.77. This is followed by the second major resistance level at $29.18. The third major resistance level sits at $29.52. If the price goes on to break the first support level at $28.02, it is likely to go to the next support level at $27.68. Should the price break the second support level, the third support level stands at $27.27.

RXO Inc (NYSE: RXO) Key Stats

Market capitalization of the company is 4.56 billion based on 160,790K outstanding shares. Right now, sales total 3,927 M and income totals 4,000 K. The company made 1,040 M in profit during its latest quarter, and -243,000 K in sales during its previous quarter.