QXO, Inc. (NASDAQ:QXO - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $13.05, but opened at $13.42. QXO shares last traded at $13.64, with a volume of 879,813 shares traded.
QXO Stock Performance
The company has a fifty day simple moving average of $13.34 and a 200 day simple moving average of $14.80. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of -1.48, a P/E/G ratio of 4.09 and a beta of 2.35.
Institutional Trading of QXO
Institutional investors have recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. acquired a new position in shares of QXO in the 3rd quarter worth approximately $41,000. SG Americas Securities LLC boosted its position in QXO by 45.8% during the fourth quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock valued at $152,000 after acquiring an additional 3,000 shares during the last quarter. Toronto Dominion Bank acquired a new stake in QXO during the 4th quarter worth about $159,000. Invesco Ltd. bought a new position in shares of QXO in the 4th quarter worth about $164,000. Finally, BNP Paribas Financial Markets acquired a new position in shares of QXO in the 3rd quarter valued at about $166,000. 58.68% of the stock is currently owned by institutional investors.
About QXO
(
Get Free Report)
QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.
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