RXO Inc (RXO) is destined for greater heights as its last quarter sales were 1,667 M

A new trading day began on Friday, with RXO Inc (NYSE: RXO) stock price up 0.28% from the previous day of trading, before settling in for the closing price of $14.43. RXO’s price has ranged from $12.19 to $32.82 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 9.32% over the past five years. Meanwhile, its annual earnings per share averaged 41.55%. With a float of $160.58 million, this company’s outstanding shares have now reached $163.91 million.

Let’s look at the performance matrix of the company that is accounted for 9873 employees. In terms of profitability, gross margin is 17.56%, operating margin of -1.03%, and the pretax margin is -6.68%.

RXO Inc (RXO) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Trucking Industry. The insider ownership of RXO Inc is 2.00%, while institutional ownership is 103.64%. 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 41.55% per share during the next fiscal year.

RXO Inc (NYSE: RXO) Trading Performance Indicators

Here are RXO Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.18, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.48 in one year’s time.

Technical Analysis of RXO Inc (RXO)

RXO Inc (NYSE: RXO) saw its 5-day average volume 2.58 million, a positive change from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 54.51%. Additionally, its Average True Range was 1.01.

During the past 100 days, RXO Inc’s (RXO) raw stochastic average was set at 13.89%, which indicates a significant decrease from 80.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.84% in the past 14 days, which was lower than the 70.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.41, while its 200-day Moving Average is $24.28. Nevertheless, the first resistance level for the watch stands at $14.77 in the near term. At $15.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.38. If the price goes on to break the first support level at $14.16, it is likely to go to the next support level at $13.86. Assuming the price breaks the second support level, the third support level stands at $13.55.

RXO Inc (NYSE: RXO) Key Stats

With a market capitalization of 2.37 billion, the company has a total of 163,916K Shares Outstanding. Currently, annual sales are 4,550 M while annual income is -290,000 K. The company’s previous quarter sales were 1,667 M while its latest quarter income was -25,000 K.

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