RXO Inc (RXO) volume exceeds 3.51 million: A new investment opportunity for investors

RXO Inc (NYSE: RXO) on Tuesday, soared 1.59% from the previous trading day, before settling in for the closing price of $12.58. Within the past 52 weeks, RXO’s price has moved between $12.19 and $32.82.

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Annual sales at Industrials sector company grew by 9.32% over the past five years. The company achieved an average annual earnings per share of 79.42%. With a float of $160.63 million, this company’s outstanding shares have now reached $162.52 million.

Let’s look at the performance matrix of the company that is accounted for 9873 employees. In terms of profitability, gross margin is 19.89%, operating margin of -1.63%, and the pretax margin is -9.4%.

RXO Inc (RXO) Insider Updates

Observing investor behavior towards Trucking industry stocks is more important than anything else. The insider ownership of RXO Inc is 2.00%, while institutional ownership is 104.58%. 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) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 79.42% per share during the next fiscal year.

RXO Inc (NYSE: RXO) Trading Performance Indicators

RXO Inc (RXO) is currently performing well based on its current performance indicators. A quick ratio of 1.26 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 0.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.12, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.55 in one year’s time.

Technical Analysis of RXO Inc (RXO)

RXO Inc (NYSE: RXO) saw its 5-day average volume 2.72 million, a positive change from its year-to-date volume of 1.47 million. As of the previous 9 days, the stock’s Stochastic %D was 20.39%. Additionally, its Average True Range was 1.14.

During the past 100 days, RXO Inc’s (RXO) raw stochastic average was set at 3.12%, which indicates a significant decrease from 7.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 122.42% in the past 14 days, which was higher than the 66.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.16, while its 200-day Moving Average is $25.22. Nevertheless, the first resistance level for the watch stands at $13.05 in the near term. At $13.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.75. If the price goes on to break the first support level at $12.35, it is likely to go to the next support level at $11.93. Assuming the price breaks the second support level, the third support level stands at $11.65.

RXO Inc (NYSE: RXO) Key Stats

Market capitalization of the company is 2.09 billion based on 163,911K outstanding shares. Right now, sales total 4,550 M and income totals -290,000 K. The company made 1,667 M in profit during its latest quarter, and -25,000 K in sales during its previous quarter.