After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
Stocks Info
RXO Inc is listed on the NYSE in the Industrials sector while operating in the Trucking industry. The current market capitalization of RXO Inc is $4.68B. A total of 0.77 million shares were traded on the day, compared to an average of 1.22M shares.
In the most recent transaction, MFN Partners, LP bought 10,266,810 shares of RXO for 20.21 per share on Aug 12 ’24. After the transaction, the 10% Owner now owns 27,577,666 company shares. In a previous transaction on May 09 ’24, MFN Partners, LP bought 61 shares at 20.39 per share. RXO shares that 10% Owner owns now total 17,310,856.
Among the insiders who bought shares, MFN Partners, LP acquired of 361 shares on May 06 ’24 at a per-share price of $20.40. This resulted in the 10% Owner holding 17,310,795 shares of RXO after the transaction. In another insider transaction, MFN Partners, LP bought 105,065 shares at $20.07 per share on May 02 ’24. Company shares held by the 10% Owner now total 17,280,434.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, RXO has a high of $32.82 and a low of $16.94.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. RXO’s latest balance sheet shows that the firm has $29.00M in Cash & Short Term Investments as of fiscal 2021. There were $135.00M in debt and $816.00M in liabilities at the time. Its Book Value Per Share was $4.92, while its Total Shareholder’s Equity was $1.07B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RXO is Buy with a score of 3.13.
