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RXO Inc. (RXO) Shows Downtrend But Still 18.03% Up From Recent Low

RXO Inc. (RXO) saw an uptrend of 1.58% in the recent trading with $17.41 being its most recent. The current price level -31.73% lower than the highest price of $25.50 marked by the stock while trading over the past 52-weeks, whereas it is 18.03% higher than the lowest price of $14.75 the company dropped to over past 52-weeks. The latest news story on RXO appeared in Business Wire under the title “RXO Schedules Fourth Quarter Investor Conference Call for Wednesday, February 8, 2023” on Jan-13-23.

Squeezing the time span to 30 day period shows us the stock is currently trading -3.17% below one month high and is +9.09% above of the lowest during that time. Looking into the simple moving average, RXO Inc. (RXO)’s stock stands at a SMA-50 of $17.39 while that of 5-day is reading $17.03.

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Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 13 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.

RXO Inc. Earnings – What Happened With RXO

Coming around sales and income figures on RXO Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $1.14 billion.

RXO – RXO Inc. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 116.30 million. RXO does have institutional investors; and they hold 41.62% of the stock.

RXO Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 8 new insider purchases involving 116,068 shares. On the other hand, RXO declared 115,166,013 shares have been sold in 2 insider transactions over the past three months.

Currently, the stock has been recommended as Moderate Buy by 13 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by RXO Inc. was 1.33 while posting a debt to equity ratio of 0.00.

Technical Analysis of RXO Inc. (NYSE:RXO) stock

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